Craftroof Retail Limited (formerly known as Nirbhay Colours India Limited) has received a copy of the Detailed Public Statement (DPS) published in newspapers on December 20, 2025, regarding the open offer made by seven acquirers. The company informed BSE Limited about receiving the newspaper advertisement copy under Regulation 30 disclosure requirements.

Open Offer Publication Details

The DPS was published in multiple newspapers including Financial Express (English - All editions) and Gujarat editions covering Ahmedabad and Mumbai markets. The publication follows the earlier revised DPS filing where Wealth Mine Networks Limited corrected the publication date from December 19 to December 20, 2025.

Acquirer Group and Offer Structure

Seven acquirers are collectively making the open offer: Mr. Dakshesh Rameshchandra Shah, Mr. Dhruvin Shah, Mrs. Sheetal Shah, Mrs. Anar Jayeshbhai Patel, Ms. Sanskruti Jayeshbhai Patel, Mr. Jayesh Patel, and M/s. Seher Retail Private Limited. The offer targets 42.38% of the emerging voting capital.

Triggering Transaction Details

The mandatory open offer was triggered following a Share Purchase Agreement executed on December 12, 2025, where the acquirer group purchased 6,74,300 equity shares representing 20.13% voting rights at ₹10.00 per share, totaling ₹67,43,000.00.

Company Information and Compliance

Craftroof Retail Limited is listed on BSE Limited with scrip code 526349 and ISIN INE218T01010. The company has total paid-up equity share capital of ₹3.35 crores comprising 33,50,000 equity shares of ₹10.00 each. The open offer is being conducted under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, with Wealth Mine Networks Limited serving as the manager under SEBI registration number INM000013077.

Nirbhay Colours has announced its unaudited financial results for the quarter ended June 30, 2025, showing a return to profitability compared to the previous quarter.

Financial Highlights

The company reported a profit of Rs 1.38 crore for the quarter, marking a significant improvement from the loss of Rs 0.35 crore in the previous quarter. However, this profit is lower than the Rs 2.40 crore reported in the same quarter last year.

Revenue and Expenses

For the quarter ended June 30, 2025, Nirbhay Colours reported:

• Total income of Rs 10.58 crore, showing a significant increase from Rs 40.01 crore in the previous quarter.
• Total expenses stood at Rs 9.20 crore, down from Rs 42.49 crore in the previous quarter.

Other Key Metrics

• The company's paid-up equity share capital remained unchanged at Rs 335 crore.
• Earnings per share (EPS) for the quarter stood at Rs 0.04, compared to Rs (0.01) in the previous quarter and Rs 0.07 in the same quarter last year.

Board Meeting Details

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on August 7, 2025. The board meeting commenced at 1:00 PM and concluded at 2:00 PM.

Auditor's Review

A.L. Thakkar & Co., Chartered Accountants, conducted a limited review of the financial results. They stated that nothing has come to their attention that causes them to believe that the financial statements are not prepared in accordance with applicable accounting standards and generally accepted accounting principles in India.

Nirbhay Colours, formerly known as Parth Industries Limited, is listed on the BSE. The company's financial results are available on its website and the BSE website for investors and stakeholders to review.