Announced Fri, 18 Sept, 2026 · 15:34 IST
Open Offer at Rs 17.10 per share for 26 percent stake in Ramgopal Polytex
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
-0.3%1-day move
₹27.00
prior close
₹25.65
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+5.3-0.3+4.7+9.9+15.4+14.8+11.1————
Up moveDown movePending
AI summary
Mandatory open offer triggered under SEBI takeover rules. Pravin Kumar Shishodiya and son Punit to buy up to 37.7 lakh shares (26 percent) of Ramgopal Polytex at INR 17.10 per share in cash. They signed a SPA on July 28, 2026 to acquire 45.46 percent from existing promoters at INR 9 per share. Offer opens September 25 and closes October 9, 2026. Post offer holding will be 71.46 percent. Target is loss making with EPS of negative 0.68 in FY26.
Likely market impact
Public shareholders can tender at INR 17.10 between Sep 25 and Oct 9, 2026. Control changes to Shishodiya family with 71.46 percent post offer.