Kwality Wall's Open Offer Sees Minimal 0.01% Acceptance

Post-offer advertisement discloses results of the mandatory open offer for 26% of Kwality Wall's shares at INR 21.33 per share.
Offer saw minimal acceptance of only 142,126 shares (0.01% of offer size) versus the proposed 61.09 crore shares.
Acquirer completed underlying transaction acquiring 61.90% stake (145.44 crore shares) on March 30, 2026.
Post-offer public shareholding remains virtually unchanged at 38.09% versus 38.10% pre-offer.