Independent Directors Committee declares Farmico International's open offer for 25.36% stake in Simandhar Impex as fair and reasonable.
Open offer price set at ₹30 per share for 7,75,310 equity shares totaling ₹2.33 crore.
Committee meeting held on April 15, 2026 reviewed all offer documents including Public Announcement and Letter of Offer.
Disclosure filed with BSE as regulatory compliance under SEBI takeover regulations.