Announced Wed, 1 Jul · 19:14 IST
Polyplex board declines to tender 51% stake in Thai unit under AGPH offer
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POLYPLEX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+6.0%1-day move
₹957.70
prior close
₹969.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+2.1+1.8+2.8+3.3+6.0+7.0+6.8+6.6+7.5+13.9+19.2———
Up moveDown movePending
AI summary
Polyplex Corporation holds 51% in Polyplex Thailand (PTL). AGPH (Thailand) Ltd filed a tender offer to acquire all PTL shares. After meeting on July 1, 2026, the Polyplex board decided not to tender its stake, keeping the 51% holding in place.
Likely market impact
Polyplex keeps control of its Thai unit. Shows confidence PTL is worth more than the offer price; offer still open to other PTL shareholders.