Mayur Leather Products Ltd (531680) — Board Meeting | 22 September 2026

The filing details a proposed acquisition of 26.5% of Mayur Leather Products Ltd by Mr. Ghanshyam Hansrajani through a share purchase agreement with existing promoters. The offer involves buying 12,81,257 equity shares at ₹15 per share, representing 26.5% of equity and voting rights. The transaction is subject to SEBI SAST regulations, with no minimum acceptance condition. The acquirer confirms no prior shareholding or concert party relationship beyond Mr. Umesh Hansrajani, who holds 24.14% but is not acting in concert. The target company has suspended CSE trading and previously faced BSE suspensions due to compliance lapses, though recent filings show restored status. The offer price and structure are explicitly defined in the public statement.