Open Offer Announced for Niraj Cement Structurals As Acquirer Seeks Shares
Gulshankumar Vijaykumar Chopra has initiated an open offer to acquire equity shares of Niraj Cement Structurals Limited. The initiative focuses on the acquisition of up to 1,55,20,529 equity shares of the company.The offer details indicate that the face value of the equity share is Rs. 10/- each, while the price offered for a fully paid-up Equity Share in the open offer is set at Rs. 29/- per share. Niraj Cement Structurals Limited represents 26.00% of the fully paid up and voting share capital of the target company.
The Pre-Offer Advertisement regarding this acquisition was published on July 30, 2026. The advertisement appeared in multiple publications, including Financial Express - English Daily (all editions), Jansatta - Hindi Daily (all editions), and Navshakti - Marathi Daily (Mumbai edition).
NIRAJ Stock Price Movement
Shares of Niraj Cement Structurals Limited slipped 0.07% on Thursday, settling at ₹28.87 as the stock closed for the day. The equity saw a total traded volume of 21,896 shares during that session.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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.