15-Sept-2026 16:49:17
MAYURAcquisition and merger
BONANZA PORTFOLIO: MANAGER APPOINTED TO MAYUR LEATHER OPEN OFFER
• Bonanza Portfolio Limited appointed as Manager to the Open Offer for acquisition of up to 12,57,048 equity shares of Mayur Leather Products Limited. • The offer is made by Mr. Ghanshyam Hansrajani for 26.00% of the equity and voting share capital. • The offer price is ₹27.92 per equity share, aggregating to a total consideration of ₹3.50 Cr. • The underlying transaction is a Share Purchase Agreement executed on September 15, 2026, for 12,81,257 equity shares at ₹15.00 per share, amounting to ₹1.92 Cr. Impact: Bonanza Portfolio to manage open offer for Mayur Leather Products.
Mayur Leather Products Ltd
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