AI Champdany Industries Launches Rs 29.50 Open Offer For 13.98 Percent Stake

Promoter-group acquirers Gunny Dealers and G Jerambhai Exports agreed Nov 2 to buy 27.12% (83.4 lakh shares) from Blancatex AG and Jayshree Wadhwa, triggering mandatory open offer for 43 lakh shares (13.98%) at Rs29.50 cash aggregating Rs12.69 crore; no delisting intended.