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Niraj Cement Structurals Limited
10 articles
Niraj Cement Structurals is undergoing a significant ownership shift as Gulshankumar Chopra is executing a mandatory open offer to acquire a 26% stake at ₹29 per share, triggered by recent share purchases that increased his holding to 8.75%. While the open offer, which concluded on August 13, 2026, saw limited participation with only 21,350 shares tendered, Chopra’s stake will rise to nearly 50% individually and 66% collectively with other promoters. Concurrently, the company reported a 22% year-over-year decline in Q1 FY27 net profit, reflecting revenue contraction, and faces an ongoing GST dispute, potentially impacting future earnings. Investors should monitor the final outcome of the open offer and the resolution of the GST matter, as these factors will influence the company’s financial performance and governance structure.
Niraj Cement Structurals Incorporates CSR Foundation
Niraj Cement Structurals discloses incorporation of Niraj Group Foundation, a Section 8 company, for CSR activities.
The foundation was incorporated on August 20, 2026, as a company limited by guarant
Gulshankumar Chopra Niraj Cement Open Offer Results
Navigant Corporate Advisors submits post-offer advertisement for Gulshankumar Chopra's open offer to acquire 26% stake in Niraj Cement Structurals.
Open offer closed with only 21,350 shares tendered a
Niraj Cement Q1 FY27 Net Profit Declines 22% YoY
Niraj Cement approved Q1 FY27 standalone net profit of ₹405.64 lakh, down 22% YoY from ₹522.59 lakh.
Consolidated net profit stood at ₹356.64 lakh with revenue declining 22% YoY to ₹10,453.53 lakh.
Bo
Niraj Cement Structurals 26% Open Offer at ₹29
Gulshankumar Chopra launches open offer for 26% stake in Niraj Cement Structurals at ₹29 per share.
Independent Directors Committee finds the offer price of ₹29 per share justified and compliant.
Offe
Niraj Cement Open Offer Approved at ₹29/Share
Committee of Independent Directors approved Gulshankumar Chopra's open offer for 26% stake in Niraj Cement Structurals.
The open offer price was deemed fair and reasonable for 1.55 crore shares at ₹29
Gulshankumar Chopra Niraj Cement 26% Open Offer
Mandatory open offer by Gulshankumar Chopra to acquire up to 1,55,20,529 shares (26%) of Niraj Cement Structurals at ₹29 per share.
Offer triggered by Share Purchase Agreements to acquire 41.04% from
Niraj Cement Open Offer Schedule Revised Corrigendum
Navigant Corporate Advisors issues a corrigendum to the detailed public statement for Gulshankumar Chopra's open offer for Niraj Cement Structurals.
The corrigendum revises the schedule of activities,
Niraj Cement Structurals Open Offer for 26% at ₹29
Gulshankumar Chopra makes mandatory open offer for 26% stake in Niraj Cement Structurals at ₹29 per share, triggered by share purchase agreements.
Offer size is 1.55 crore shares worth ₹45.01 crore, w
Gulshankumar Chopra Niraj Cement 26% Open Offer
Gulshankumar Chopra launches mandatory open offer for 26% stake in Niraj Cement Structurals at ₹29/share.
Offer follows acquisition agreements to purchase 41.04% from two sellers at ₹25.50 and ₹23.50
Gulshankumar Chopra Niraj Cement 26% Open Offer
Gulshankumar Chopra launches mandatory open offer for 26% stake (1.55 crore shares) in Niraj Cement Structurals at ₹29/share.
Offer triggered by acquisition of 41.04% from two public shareholders via