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BSE opens acquisition window for Noble Polymers takeover at Rs 5/share

Acquirers Mahesh Odedra and Hiren Odedra offer to buy up to 26% of Noble Polymers at Rs 5 per share, leading to change in control.

09 Jul 2026 Effective July 10, 2026 Affects: Public shareholders of Noble Polymers Limited; trading members and custodians handling the scrip.

What changed

Open offer for Noble Polymers begins July 10, 2026 at Rs 5 per share.
Offer size: up to 22,76,406 shares (26% of voting capital).
Change in control and management of the target company.

The read

BSE has opened the acquisition window for Noble Polymers. Acquirers Mahesh and Hiren Odedra are offering Rs 5 per share for up to 26% of the company, a transaction that will change control. Shareholders have until July 23 to tender. The offer price will determine the value for minority holders.

Noble Polymers LimitedMahesh Alabhai OdedraHiren Rambhai Odedra

Primary source: official circular (PDF)