Bhaum Digital Ventures Jolly Plastic 26% Open Offer

Bhaum Digital Ventures Private Limited launches a mandatory open offer to acquire 26% of Jolly Plastic Industries Limited's expanded equity capital at ₹10 per share, aggregating ₹6.34 crore.
The offer is triggered by a share swap agreement where Jolly Plastic acquires Sahaj Retail Limited from Bhaum, issuing 1.77 crore shares representing 72.61% stake to Bhaum as consideration.
Upon completion, Bhaum will hold 98.61% of Jolly Plastic, triggering minimum public shareholding compliance requirements under SEBI regulations.
The offer opens on April 17, 2026, and closes on April 30, 2026, with Sumedha Fiscal Services as manager and Skyline Financial Services as registrar.