Gulshankumar Vijaykumar Chopra has revised the timeline for the open offer to acquire up to 26.00% of the fully paid-up equity and voting share capital of niraj cement structurals . The acquirer is offering to purchase 1,55,20,529 equity shares of Rs. 10/- each at a price of Rs. 29/- per fully paid-up equity share. The revision accelerates the process, moving the opening of the offer to July 31, 2026, and the closure to August 13, 2026.

Navigant Corporate Advisors Limited issued the corrigendum to the detailed public statement on behalf of the acquirer in compliance with the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The modification follows SEBI Observation Letter no. HO/49/12/11(70)2026-CFD-RAC-DCR1/I/16413/2026 dated July 15, 2026. The detailed public statement was originally published in various newspapers on June 23, 2026.

Revised Schedule of Activities

The corrigendum updates several key dates in the offer process. The date for the receipt of comments from SEBI on the Draft Letter of Offer has been moved forward to July 15, 2026, from July 22, 2026. Consequently, the identified date for determining shareholder eligibility is now July 17, 2026, and the Letter of Offer will be dispatched by July 24, 2026.

All other terms and conditions of the open offer remain unchanged. The identified date is specifically for determining the names of shareholders to whom the Letter of Offer will be sent. All owners of equity shares, except the acquirer, sellers, existing promoters, and persons deemed to be acting in concert, are eligible to participate in the offer before its closure.

Niraj Cement Structurals Limited has secured shareholder approval to re-appoint Mr. Partha Sarathi Raut as an Independent Director for a second consecutive term of five years. The resolution was passed via postal ballot on June 30, 2026, with 99.9995% of the votes polled in favour, ensuring the continuation of leadership at the infrastructure firm. The company disclosed the outcome to the stock exchanges on July 1, 2026, in compliance with Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Postal Ballot Process Overview

The postal ballot notice was dated May 21, 2026, and dispatched to shareholders on May 29, 2026. The record date for determining eligibility was May 22, 2026, on which the company had 14,628 shareholders on record. Remote e-voting, facilitated by the National Securities Depository Limited (NSDL), commenced on June 1, 2026, at 09:00 A.M. IST and concluded on June 30, 2026, at 05:00 P.M. IST.

Voting Results for Special Resolution

The special resolution sought the re-appointment of Mr. Partha Sarathi Raut (DIN: 08804981). Promoters and the Promoter Group were not interested in the agenda. The voting outcome showed strong participation, with 67.7160% of the total outstanding shares being polled.

The category-wise breakdown of the voting results is detailed below:

Scrutinizer's Report

Abhaykumar J. Pal, proprietor of M/s. Abhay Kumar Pal & Co. (formerly known as AJP & Associates), Practicing Company Secretary, served as the Scrutinizer. In the report dated July 1, 2026, Abhaykumar J. Pal certified that the resolution was approved by the requisite consent of the members and was deemed passed on June 30, 2026. The disclosure was signed by Anil Anant Jha, Company Secretary & Compliance Officer (ACS No.: 66063).