Jauss Polymers Limited has disclosed a substantial acquisition by Noize Brands and Lifestyle Limited under SEBI regulations. The transaction involves the acquisition of 18,51,894 equity shares, representing a significant 40.04% stake in the company's total paid-up equity share capital and voting rights.

Regulatory Disclosure and Compliance

The disclosure was formally submitted to BSE Limited on April 9, 2026, in compliance with Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Ketineni Satish Rao, Managing Director of Jauss Polymers Limited (DIN: 02435513), forwarded the disclosure received from Noize Brands and Lifestyle Limited to the stock exchange for official record.

Acquisition Details and Structure

Noize Brands and Lifestyle Limited, formerly known as Noize Brands and Lifestyle Private Limited, executed this transaction along with Person Acting in Concert (PAC) Aditya Chopra. The substantial acquisition was completed through an off-market transfer mechanism on February 26, 2026.

Pre and Post Acquisition Holdings

Prior to this acquisition, Noize Brands and Lifestyle Limited held no shares in Jauss Polymers Limited. The transaction represents the acquirer's initial entry into the company's shareholding structure, transforming them from a non-stakeholder to the largest shareholder.

Company Capital Structure

Jauss Polymers Limited's equity share capital structure remains unchanged following this acquisition. The company maintains its total equity base of 46,25,575 equity shares without any dilution or expansion.

Future Corporate Status and Open Offer

Notably, Noize Brands and Lifestyle Limited currently does not belong to the promoter or promoter group of Jauss Polymers Limited. However, the acquirer will become the promoter of the target company post completion of the mandatory open offer, as required under SEBI takeover regulations.

Noize Brands and Lifestyle Limited is registered in Uttar Pradesh with CIN U74900UP2015PLC216581, with its registered address at A-129, Sector-136, Gautam Buddha Nagar, Noida 201304. The formal disclosure was signed by Director Aditya Chopra on April 8, 2026, before being submitted to the target company and subsequently to BSE.

Jauss Polymers Limited has established a Committee of Independent Directors through a board resolution passed on March 17, 2026, to oversee a significant open offer process. The committee formation represents a key governance step in the ongoing acquisition proceedings involving the company's equity shares.

Committee Composition and Purpose

The newly constituted committee comprises three independent directors who will provide reasoned recommendations on the open offer. The committee members include:

The committee's primary mandate involves evaluating and providing recommendations regarding the acquisition proposal submitted by the acquirer and person acting in concern.

Open Offer Details

The open offer involves the acquisition of equity shares by M/s. Noize Brands and Lifestyle Limited, acting as the acquirer, along with Mr. Aditya Chopra as the person acting in concern. The acquisition parameters are structured as follows:

Regulatory Compliance Framework

The open offer is being conducted in strict adherence to regulatory requirements under the Securities and Exchange Board of India framework. The process follows SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, specifically:

• Regulation 3(1) governing substantial acquisition procedures
• Regulation 4 outlining takeover compliance requirements

The board resolution was passed through circulation on March 17, 2026, ensuring proper corporate governance protocols were followed in the committee formation process. The company has formally notified BSE Limited about this development to maintain transparency and regulatory compliance throughout the acquisition process.