Committee of Independent Directors recommends shareholders accept open offer from Farmico International at ₹30 per share.
Offer price deemed fair and reasonable based on book value, negative profitability, and independent valuation of ₹27.55.
Open offer seeks to acquire up to 7,75,310 shares representing 25.36% of Target Company's voting share capital.
Advertisement published in Financial Express, Jansatta, and Pratahkaal newspapers on April 16, 2026.