Jauss Polymers CFO Raj Kumar Gupta Resigns Due to Personal Reasons

1 min read     Updated on 13 Feb 2026, 09:38 PM
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Suketu GScanX News Team
Overview

Jauss Polymers Limited announced the resignation of Chief Financial Officer Mr. Raj Kumar Gupta effective February 13, 2026, due to personal reasons. The company filed the required intimation under SEBI Regulation 30, with Mr. Gupta expressing gratitude for his professionally rewarding tenure. The resignation was processed with immediate effect, and all regulatory compliance requirements have been fulfilled.

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Jauss Polymers Limited has announced the resignation of its Chief Financial Officer Mr. Raj Kumar Gupta, effective February 13, 2026. The company filed an intimation with BSE Limited under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, regarding this key managerial personnel change.

Resignation Details

Mr. Raj Kumar Gupta tendered his resignation from the position of Chief Financial Officer due to personal reasons. The resignation was submitted through a formal letter dated February 13, 2026, with the executive requesting immediate relief from his responsibilities.

Parameter: Details
Position: Chief Financial Officer (CFO)
Reason for Resignation: Personal reasons
Resignation Date: February 13, 2026
Relief Date: February 13, 2026 (immediate effect)
Status: Key Managerial Personnel

Regulatory Compliance

The company has fulfilled its regulatory obligations by providing comprehensive details as required under SEBI regulations. The intimation includes all necessary information pursuant to Regulation 30, read with Para A, Part A of Schedule III of SEBI Listing Regulations, along with compliance to SEBI Circular No SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Executive's Farewell Message

In his resignation letter addressed to the Board of Directors, Mr. Gupta expressed his appreciation for his tenure at the company. He described his time at Jauss Polymers Limited as "both professionally rewarding and personally fulfilling." The outgoing CFO conveyed sincere thanks to the Board of Directors, Managing Director, and Senior Management for their support and cooperation during his service as Chief Financial Officer.

Corporate Communication

The formal intimation was signed by Company Secretary and Compliance Officer Priya Parashar (Membership No. 62833) and submitted to BSE Limited's Corporate Service Department. The company has requested BSE to take the resignation details on record, ensuring full transparency in the leadership transition process.

Historical Stock Returns for Jauss Polymers

1 Day5 Days1 Month6 Months1 Year5 Years
+4.97%+33.85%+193.59%+306.59%+365.49%+529.37%

Gretex Corporate Services Issues Detailed Public Statement for Jauss Polymers Open Offer

3 min read     Updated on 05 Feb 2026, 08:16 AM
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Reviewed by
Riya DScanX News Team
Overview

Gretex Corporate Services Limited has published the detailed public statement for Noize Brands and Lifestyle Limited's mandatory open offer to acquire 12,02,650 equity shares (26% stake) of Jauss Polymers Limited at ₹16.05 per share. The publication follows SEBI regulations and provides comprehensive details about the acquisition structure, underlying transaction worth ₹3.75 crores, and regulatory compliance timeline with tendering period scheduled from April 6-21, 2026.

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Noize Brands and Lifestyle Limited has announced a mandatory open offer to acquire up to 12,02,650 equity shares of Jauss Polymers Limited, representing 26.00% of the company's equity and voting share capital. The offer, made in conjunction with person acting in concert Mr. Aditya Chopra, is priced at ₹16.05 per equity share.

Detailed Public Statement Publication

Gretex Corporate Services Limited, acting as Manager to the Offer, has published the detailed public statement (DPS) in newspapers on February 11, 2026, in compliance with SEBI (SAST) Regulations. The DPS provides comprehensive information about the acquirer, target company, and offer structure for public shareholders.

Publication Details: Information
Publication Date: February 11, 2026
Manager to Offer: Gretex Corporate Services Limited
Newspapers: Financial Express (English), Jansatta (Hindi), Navshakti (Marathi)
Regulatory Compliance: SEBI (SAST) Regulations 13(4), 14(3) and 15(2)

Open Offer Structure and Financial Details

The open offer follows SEBI (SAST) Regulations and has been triggered by an underlying acquisition transaction. The offer is mandatory and not subject to any minimum acceptance level.

Parameter: Details
Offer Size: 12,02,650 equity shares
Offer Price: ₹16.05 per share
Total Consideration: ₹1,93,02,533 (assuming full acceptance)
Stake Percentage: 26.00% of equity and voting capital
Payment Mode: Cash

Underlying Transaction Details

The open offer obligation was triggered by a Memorandum of Understanding dated January 27, 2026, where Noize Brands agreed to acquire a substantial stake in Jauss Polymers from existing promoters.

Transaction Details: Specifications
Acquisition Date: January 27, 2026
Equity Shares Acquired: 20,07,754 shares (43.41% stake)
CCPS Acquired: 33,000 shares (75% of CCPS)
Total Consideration: ₹3,75,00,000
Sellers: Mr. Ketineni Satish Rao and Mr. Keerthi Narasimhachari

Acquirer and Target Company Information

Noize Brands and Lifestyle Limited, based in Noida, Uttar Pradesh, will become the promoter of Jauss Polymers following the transaction completion. The acquirer had no prior shareholding in the target company before this acquisition.

Target Company Details:

  • Name: Jauss Polymers Limited
  • CIN: L74899HR1987PLC066065
  • Registered Office: Plot No. 51, Roz ka meo Industrial area, Gurgaon, Sohna, Haryana- 122103
  • Stock Exchange Listing: BSE Limited (Code: 526001, Symbol: JAUSPOL) and Calcutta Stock Exchange Limited (Code: 020054)
  • ISIN: INE593001017

Regulatory Compliance and Timeline

The open offer complies with Regulations 3(1) and 4 read with Regulations 13(1) and 15(1) of SEBI (SAST) Regulations. The detailed public statement has been published in newspapers by February 11, 2026, within five working days of the public announcement dated February 04, 2026.

Key Timeline: Schedule
Public Announcement: February 04, 2026
DPS Publication: February 11, 2026
Draft Letter of Offer Filing: February 18, 2026
Tendering Period Commencement: April 06, 2026
Tendering Period Closure: April 21, 2026

Key regulatory aspects include:

  • No minimum acceptance level required
  • Not a competing offer under SEBI regulations
  • Acquirer has confirmed adequate financial arrangements
  • No intention to delist the target company
  • Joint and several responsibility of acquirer and PAC for compliance

The tendering period will span 10 working days, during which public shareholders can tender their equity shares in acceptance of the open offer. All payments will be made in cash as per SEBI regulations. BSE Limited has been designated as the stock exchange for the purpose of tendering shares, with Gretex Share Broking Limited appointed as the buying broker.

Historical Stock Returns for Jauss Polymers

1 Day5 Days1 Month6 Months1 Year5 Years
+4.97%+33.85%+193.59%+306.59%+365.49%+529.37%

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1 Year Returns:+365.49%