Announced Thu, 6 Aug · 18:35 IST
Tender offer for Polyplex Thailand subsidiary closes
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
+6.6%1-day move
₹1110.00
prior close
₹1115.10
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1-0.2—+0.2+6.6+10.9+7.1+5.3+6.3+6.6————
Up moveDown movePending
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.