Western Ministil Limited has issued a corrigendum to its detailed public statement regarding the open offer by acquirers Mr. Kalpesh Patel and Mrs. Vandana Patel. The revision follows receipt of SEBI comments and updates the timeline for the acquisition process.

Open Offer Details

The acquirers are seeking to purchase up to 33,80,000 equity shares of Rs. 10.00 each at a price of Rs. 10.00 per fully paid-up equity share. This acquisition represents 26.00% of the expanded equity and voting share capital of the target company. The offer is being conducted in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Revised Schedule of Activities

The company has announced significant changes to the offer timeline following SEBI's observation letter dated February 02, 2026. The revised schedule shows substantial delays across multiple milestones:

Key Unchanged Elements

Several critical aspects of the offer remain unmodified:

• Public Announcement date: November 26, 2025
• Detailed Public Statement publication: December 03, 2025
• Draft letter of offer filing deadline: December 10, 2025
• Competing offer deadline: December 24, 2025
• Offer price: Rs. 10.00 per share
• Target acquisition: 33,80,000 shares (26.00% stake)

Regulatory Compliance

Navigant Corporate Advisors Limited is serving as the manager to the offer on behalf of the acquirers. The corrigendum was published on February 06, 2026, in Financial Express (English Daily), Jansatta (Hindi Daily), and Pratahkaal (Marathi Daily) to ensure proper disclosure to shareholders.

The identified date of February 04, 2026, will determine shareholder names for letter of offer distribution. However, all equity share owners (registered or unregistered) except the acquirers and public category preferential allottees remain eligible to participate until the offer closure on March 05, 2026.

Company Information

Western Ministil Limited operates with its registered office located at SHP No. 413, Fourth Floor, CTS No. 458, Disha Construction, Subhash Road, E-Square, Village Vile Parle (East), Mumbai-400057. The company maintains its compliance communications through wml.compliance@gmail.com and operates under Corporate Identification Number L33200MH1972PLC015928.