Jai Mata Glass Receives Rs 1.85 Open Offer Triggered by 44.57% Acquisition

Acquirers (Ashwani Gulati, Kiran Gulati, Veerasha Trust) to buy 44.57% stake in Jai Mata Glass from promoters, triggering a mandatory open offer for 26% equity at INR 1.85/share. Total offer consideration INR 4.81 crores. No minimum acceptance condition.