Kwality Wall's Open Offer Results: 0.01% Acceptance

Kwality Wall's discloses post-offer advertisement for Magnum Ice Cream's mandatory open offer for 26% equity shares at ₹21.33 per share.
The open offer received minimal acceptance of only 142,126 shares (0.01%) versus the offered 61.09 crore shares, closing on May 7, 2026.
The acquirer had previously acquired a 61.90% controlling stake through off-market transfers on March 30, 2026, as per SEBI SAST Regulations.