Navigant Corporate Advisors Ltd ("Manager to the Offer") has submitted to BSE a copy of Corrigendum to the Letter of Offer for attention to the Shareholders of Sanmitra Commercial Ltd ("Target ....
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Navigant Corporate Advisors has issued a corrigendum to the Letter of Offer dated December 22, 2025, for the ongoing Open Offer to acquire up to 1,49,76,000 equity shares (26% of expanded equity) of Sanmitra Commercial Ltd at Rs. 15 per share by Ankit Jalan and Anuj Jalan along with six persons acting in concert (the Jalan family). The corrigendum revises the offer timeline because BSE declared January 15, 2026 as a Trading Holiday on account of Maharashtra Municipal Corporation Elections. As a result, the Offer closing date has been pushed back by one day from January 19, 2026 to January 20, 2026. All other terms and conditions of the Open Offer remain unchanged.
For shareholders of Sanmitra Commercial Ltd, the tendering window is slightly extended (now closing January 20, 2026 instead of January 19, 2026), giving them one additional day to tender their shares at the offer price of Rs. 15. No change to offer price or quantum of shares being acquired.