Tender offer for Polyplex Thailand subsidiary closes

Listed Co AcquisitionStrategic Transactions View source PDF Explain this filing

POLYPLEX · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.6%Reaction day

₹1110.00

prior close

₹1115.10

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.0%+0.6% vs market

Packaging peers, median of 63sector+0.1%+0.5% vs sector

On the reaction day the stock moved 0.6 pts more than Nifty Microcap 250 and 0.5 pts more than its Packaging peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.1

10m

-0.2

15m

-0.3

30m

+0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.6+0.0+0.6+0.1+0.5

Next day

+6.6-0.0+6.6+0.2+6.4

+10.9-0.2+11.1+0.4+10.4

+7.1+0.2+6.9+0.0+7.1

+5.3+0.3+4.9+1.2+4.1

+6.3+0.4+5.9+1.2+5.1

+6.6+0.9+5.7+2.3+4.3

15d

+6.8+1.6+5.2+2.2+4.6

+6.0+2.0+3.9+4.0+2.0

-7.4+0.6-7.9+2.9-10.3

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UpDownMarket · Nifty Microcap 250Sector · Packaging peers, median of 63Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

AGPH Thailand, a unit of AGP Holdco UAE, closed its tender offer for shares of Polyplex Thailand Public Co Ltd (PTL), Polyplex Corps 51 percent Thailand subsidiary. About 16.28 crore shares equal to 18.09 percent of PTLs paid-up capital were acquired by AGPH. Polyplex Corps board had earlier decided not to tender its own 51 percent stake, so it retains majority control of PTL.

Likely market impact

Polyplex Corp keeps 51% control of PTL. AGPH now holds 18.09% of PTL. Limited direct impact on Polyplex stock; watch PTL-level developments.