Polyplex Corporation Limited has made a disclosure under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015 regarding the closure of a tender offer for its Thai subsidiary.

The disclosure references previous communications:

  • June 22, 2026: Initial disclosure that AGPH (Thailand) Ltd. (a wholly owned subsidiary of AGP Holdco Limited, UAE) announced its intention to make a Tender Offer to acquire all ordinary shares of Polyplex (Thailand) Public Company Ltd. (PTL), which is a 51% subsidiary of Polyplex Corporation Limited
  • July 01, 2026: Disclosure that the Board of Directors of Polyplex Corporation Limited resolved not to participate in the Tender Offer regarding its shareholding in PTL

The Tender Offer closed on August 5, 2026. On August 6, 2026, the Company received a copy of the 'Report on the Result of the Securities Acquisition' which indicates that:

  • 162,812,291 ordinary shares of PTL were tendered and acquired by AGPH (Thailand) Ltd.
  • This represents 18.09% of the paid-up share capital of Polyplex (Thailand) Public Company Ltd.

The attached Form 256-2 (Report on the Result of the Securities Acquisition) provides detailed breakdown:

Tender Offer Details:

  • Shares offered to be purchased: 900,000,000 ordinary shares (100% of outstanding shares)
  • Tendered shares: 162,812,291 ordinary shares (18.09% of outstanding shares)
  • Acquired shares: 162,812,291 ordinary shares (18.09% of outstanding shares)
  • No preferred shares or convertible securities were involved in the transaction

Post-Acquisition Holding:

  • AGPH (Thailand) Ltd. now holds 162,812,291 ordinary shares of Polyplex (Thailand) Public Company Ltd.
  • This represents 18.09% of the total outstanding shares and 18.09% of total voting rights

The disclosure was signed by Ashok Kumar Gurnani, Company Secretary of Polyplex Corporation Limited, and was addressed to both BSE Limited and the National Stock Exchange of India Limited.

A separate notification was also sent to the Stock Exchange of Thailand on August 6, 2026, signed by Mr. Amit Prakash, Managing Director of Polyplex (Thailand) Public Company Limited, confirming receipt of the same Form 256-2 report.