BSEWestern Ministil LtdHighNeutral
Announced Fri, 6 Feb · 14:24 IST

Navigant Corporate Advisors Ltd ("Manager to the Offer") has submitted to BSE a copy of Corrigendum to the Detailed Public Statement for attention to the Shareholders of Western Ministil ....

Open Offer TriggeredListed Co AcquisitionStrategic Transactions View source PDF

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Navigant Corporate Advisors, the Manager to the Offer, has submitted a corrigendum to the Detailed Public Statement for the open offer by Kalpesh Patel and Vandana Patel to acquire up to 33,80,000 equity shares (26% of expanded capital) of Western Ministil Ltd at Rs. 10 per share. The corrigendum revises the schedule of activities, pushing back key dates after SEBI issued its observation letter on February 2, 2026. The offer opening is now February 18, 2026, and closure is March 5, 2026, instead of the earlier January 19 to February 2 window. All other terms and conditions of the offer remain unchanged, including the offer price of Rs. 10 per share and the 26% acquisition size.

Likely market impact

Existing shareholders get more time to decide whether to tender shares in the open offer. The delay in the timeline could give investors additional opportunity to assess the offer and consider their response. The offer price remains unchanged at Rs. 10 per share.