Open Offer triggered for Ramgopal Polytex at Rs 17.10 per share

Listed-company acquisitionOpen offer triggeredStrategic Transactions View source PDF Explain this filing

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

+5.0%Reaction day

₹26.34

prior close

₹27.65

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.3%+3.6% vs market

Trading & Distributors peers, median of 130sector+0.1%+4.9% vs sector

On the reaction day the stock moved 3.6 pts more than Nifty Microcap 250 and 4.9 pts more than its Trading & Distributors 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

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+5.0+1.3+3.6+0.1+4.9

Next day

+10.2+1.8+8.4+0.6+9.7

+15.7+3.1+12.6+0.0+15.7

+21.5+3.5+18.0+0.1+21.4

+27.6+3.5+24.1+0.1+27.5

+33.9+3.4+30.5+1.1+32.9

+37.8+3.6+34.2+1.3+36.5

15d

+27.1+4.9+22.2-0.1+27.2

+19.6+4.4+15.2-0.2+19.8

+11.6+2.9+8.7-2.8+14.4

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UpDownMarket · Nifty Microcap 250Sector · Trading & Distributors peers, median of 130Pending

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

AI summary

Acquirers Pravin Kumar and Punit Shishodiya (father and son) trigger a mandatory open offer for Ramgopal Polytex at Rs 17.10 per share, targeting up to 37.70 lakh shares (26 percent). They have already signed an SPA with existing promoters to buy 65.91 lakh shares (45.46 percent) at Rs 9 each. Post-offer, acquirers will hold 71.46 percent. Offer opens Sep 18 and closes Oct 1, 2026.

Likely market impact

Public shareholders can tender shares at Rs 17.10 between Sep 18 and Oct 1. Acquirers will take control with 71.46 percent holding.