Key Quantitative Figures
- Offer Price: ₹29.00 per equity share (fully paid-up)
- Total Shares Offered: 1,55,20,529 equity shares (26.00% of voting share capital)
- Shares Actually Tendered: 21,350 equity shares (0.04% of share capital)
- Total Consideration: ₹6,19,150 (21,350 shares × ₹29 per share)
Dates of Action
- Advertisement Publication Date: 20th August, 2026 in Financial Express (English), Jansatta (Hindi), and Navshakti (Marathi)
- Offer Opening Date: 31st July, 2026 (Friday)
- Offer Closing Date: 13th August, 2026 (Thursday)
- Payment Date: 19th August, 2026 (actual consideration payment)
- Public Announcement Date: 23rd June, 2026 (DPS appeared in newspapers)
Parties Involved
- Acquirer: Gulshankumar Vijaykumar Chopra
- Target Company: Niraj Cement Structurals Limited (CIN: L26940MH1998PLC114307)
- Manager to Offer: Navigant Corporate Advisors Limited
- Registrar to Offer: MUFG Intime India Private Limited (formerly Link Intime India Private Limited)
- Contact Person: Mr. Sarthak Vijlani, Managing Director of Navigant Corporate Advisors
Shareholding Details
Pre-Offer Position
- Acquirer's pre-SPA holding: 52,20,946 shares (8.75%)
- Shares acquired via SPA: 2,44,97,708 shares (41.04%)
- Public shareholders (excluding selling shareholders): 2,03,35,808 shares (34.07%)
Post-Offer Position
- Shares acquired through open offer: 21,350 shares (0.04%)
- Acquirer's individual post-offer holding: 2,97,40,004 shares (49.82%)
- Collective promoter holding: 3,93,79,882 shares (65.97%)
- Remaining public shareholding: 2,03,14,458 shares (34.03%)
Financial Impact
Consideration of ₹6,19,150 paid for 21,350 shares acquired through the open offer process.
Additional Information
- The acquirer accepts full responsibility for information and regulatory compliance
- Advertisement contents certified identical in hard and soft copy formats
- Copy available on SEBI website
- Target company registered office: Unit No. 820 to 825, Commercial Building, Wadhwa, Dukes Horizon, Off. Sion Trombay Road, Mumbai, Maharashtra-400088