Open Offer for Jai Mata Glass Limited: Acquirers Seek 26.00% Stake at INR 1.85 Per Share Mr. Ashwani Gulati, Ms. Kiran Gulati, and M/s Veerasha Trust have launched a mandatory open offer to acquire up to 2,60,00,000 equity shares (26.00%) of Jai Mata Glass Limited at INR 1.85 per share, with a maximum consideration of INR 4,81,00,000. The offer is triggered by a Share Purchase Agreement dated July 13, 2026, under which the Acquirers agreed to purchase 4,45,65,460 equity shares (44.57%) from existing promoters for INR 8,24,46,101. The offer opens on September 03, 2026, and closes on September 17, 2026, with all payment obligations to be completed by October 01, 2026. Upon full acceptance, the Acquirers will hold 7,05,65,460 equity shares representing 70.57% of the paid-up equity share capital.