Ramgopal Polytex Ltd (RAMGOPOLY) — Offer Document | 18 September 2026

Ramgopal Polytex Ltd's acquirers Pravin and Punit Shishodiya made a mandatory open offer to acquire up to 37.7 lakh shares (26% of equity) at INR 17.10 per share, opening September 25, 2026 and closing October 9, 2026. The offer follows their purchase of 65.9 lakh shares (45.46% stake) from promoters via a separate agreement. Funds for the offer are secured in an escrow account with INR 1.62 crore deposited. Shareholders must submit acceptance forms and supporting documents through brokers during the tendering period. The transaction requires no statutory approvals but is subject to SEBI regulations and minimum public shareholding compliance.