Acquirers Mahesh Odedra and Hiren Odedra Propose Open Offer of Shares in Noble Polymers Ltd
Noble Polymers Limited announced a proposed open offer intended for the public shareholders. The offering is being conducted by Mr. Mahesh Alabhai Odedra and Mr. Hiren Rambhai Odedra, who are collectively referred to as the Acquirers.The proposal involves 22,76,406 equity shares of Noble Polymers Limited. Each offer share has a face value of ₹5 (Rupees Five Only) and is being offered at an open price of ₹5 (Rupees Five only). This transaction represents 26.0% of the Emerging Voting Share Capital of Noble Polymers Limited.
Kunvarji Finstock Private Limited, acting as the Manager to the Open Offer, has fixed Thursday, June 25, 2026, as the Identified Date. This date is designated for determining the names of the shareholders who will receive the Letter of Offer.
Stock Price Movement
As of 12:19, Noble Polymers Ltd shares are ticking up, trading at ₹4.69, marking a gain of 1.96%. The stock remains completely locked in this range, with its intraday high and low both sitting precisely at ₹4.69.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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