BSECompany Update3d ago · 22 Sept 2026, 11:59 am

Bonanza Portfolio Limited ("Manager to the Offer") has submitted to BSE a copy of Detailed Public Statement in terms of Regulations 3(1) and 4 read with Regulations 13(4), 14(3) and 15(2) and such other applicable provisions of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 as amended, to the Public Shareholders of Mayur Leather Products Ltd ("Target Company").

Mayur Leather Products Ltd · 531680

✦ AI SummaryFundraise

Mayur Leather Products Ltd has received a public announcement from Bonanza Portfolio Limited regarding an open offer for the acquisition of up to 12,57,048 equity shares, representing 26% of the company's fully paid-up equity and voting share capital, at an offer price of ₹27.92 per equity share.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk2/10
Liquidity Impact6/10
Market Sentiment5/10

✦ Ask a Question

Ask anything about this announcement — AI will answer based on the filing content.

0/500

Full Announcement

Mayur Leather Products Ltd - 531680 - Detailed Public Statement

Attachments (1)

📄

CC72BAC9-9959-445F-8ADB-88A303D43FB0-115942.pdf

pdf

Download →
View document text
DETAILED PUBLIC STATEMENT IN TERMS OF REGULATIONS 3(1) AND 4 READ WITH REGULATIONS 13(4), 14(3), AND 15(2) AND SUCH OTHER APPLICABLE PROVISIONS OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011 AS AMENDED, TO THE PUBLIC SHAREHOLDERS MAYUR LEATHER PRODUCTS LIMITED Corporate Identification Number: L19129RJ1987PLC003889; Reg. Office: G-6 Ground Floor, S-25, Central Spine Balaji Majestic Heights, Jagatpura, Jaipur - 302025; Tel No.: +917014261290; Email: Mayura220488@gmail.com; Website: www.mayurgroups.com Open Offer for acquisition of up to 12,57,048 (Twelve Lakh Fifty Seven Thousand Forty Eight) fully paid-up Equity Shares having face value of `10.00/- each (“Offer Shares”) representing 26.00% (Twenty-Six Percent) of the fully paid-up equity and voting share capital of Mayur Leather Products Limited (hereinafter collectively referred to as “Target Company” or “MLPL”) from the Public Shareholders (as defined below), of the Target Company, at an offer price of `27.92 (Rupees Twenty Seven and Ninety Two Paise Only) per Equity Share, by Mr. Ghanshyam Hansrajani (“Acquirer”) pursuant to and in compliance with the provisions of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulation, 2011 as amended. This Detailed Public Statement (the ‘DPS’) is being issued by Bonanza Portfolio Limited, the Manager to the Offer (hereinafter referred Ms. Sarita Gupta D.4 This Offer is not conditional upon any minimum level of acceptance by the public shareholders of the Target Company in terms of to as “BPL/ Manager to the Offer”), for and on behalf of the Acquirer, in compliance with the provisions of Regulations 3(1) and 4 read PAN: AEXPG4245E Regulation 19(1) of SEBI (SAST) Regulations and is not a competing offer in terms of Regulation 20 of SEBI (SAST) Regulations. with Regulations 13(4), 14(3), and 15(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Address: A 1001 Millenium Court CHS, Individual Yes 2,59,666 5.37% 0.00 0.00 D.5 The Manager to the Offer, Bonanza Portfolio Limited, does not hold any Equity Shares in the Target Company as on the date Regulation, 2011 and subsequent amendments thereto (hereinafter referred to as “SEBI (SAST) Regulations, 2011”) and pursuant Oshiwara, Near Adarsh Nagar Signal, of this DPS. The Manager to the Offer further declares and undertakes that, they will not deal in their own account in the equity to the Public Announcement dated Tuesday, September 15, 2026 sent through email on Tuesday, September 15, 2026 to Securities Jogeshwari West, Mumbai – 400102, shares of the Target Company, during the period commencing from the date of their appointment as Manager to the Offer until and Exchange Board of India (“SEBI”), BSE, CSE and the Target Company and was filed with SEBI on Wednesday, September 16, 2026 Maharashtra the expiry of 15 (Fifteen) Days from the date of Closure of this Open Offer. in terms of Regulations 3(1) and 4 read with Regulation 14(1) and 14(2) of the SEBI (SAST) Regulations, 2011. Email: gsarita994@gmail.com D.6 There are no statutory and other approvals required to be obtained to complete the Underlying Transaction contemplated under For the purposes of this DPS, the following terms shall have the meanings assigned to them below: Mr. Akhilesh Poddar the SPA or to complete this Open Offer. However, it will be subject to all statutory approvals that may become applicable at a later a) ‘Acquirer’ refers to Mr. Ghanshyam Hansrajani, aged 67 years, an Indian Resident, bearing Permanent Account Number (PAN) PAN: ANTPP3340A date. ‘AAEPH7949F’ allotted under the Income-tax Act, 1961 and residing at C/O Mala, Plot No 70, Kiran Vihar Opp Sent Angels School, Address: E-5/88, Ajmer Road D.7 The Acquirer intends to retain the listing status of Target Company at BSE and no delisting offer is proposed to be made. Manyawas, Mansarovar, Jaipur – 302020, Rajasthan, India; Pratap Stadium Chitrakoot, Vaishali Nagar, Individual Yes 2,56,950 5.31% 0.00 0.00 D.8 In terms of Regulation 23(1) of SEBI (SAST) Regulations, in the event that any of the conditions stipulated in SPA, as set out in b) ‘Board of Directors’ means Board of Directors of Target Company; Jaipur-302021, Rajasthan Part II (Background to the Offer), are not satisfied or are finally refused or are otherwise not met with for reasons outside the Email: akhilesh.poddar@hotmail.com reasonable control of the Acquirer, this Offer shall stand withdrawn. In the event of such withdrawal, a Public Announcement shall c) ‘BSE’ means abbreviation for BSE Limited being the stock exchange on which the Equity Shares of the Target Company are listed; Rajesh V Gupta (HUF) be made within 2 (two) working days of such withdrawal, in the same newspapers in which this DPS has been published and such d) ‘CSE’ means abbreviation for The Calcutta Stock Exchange Limited being the stock exchange on which the Equity Shares of the C/o Rajesh V Gupta Public Announcement will also be sent to SEBI, BSE, CSE and to the Target Company at its Registered Office, in accordance with Target Company are listed; PAN: AAVHR8715C the provisions of Regulation 23(2) of the SEBI (SAST) Regulations. e) ‘CIN’ is the abbreviation for the term Corporate Identification Number issued under the provisions of the Companies Act, 1956/ Address: A 1001 Millenium Court CHS, D.9 This Detailed Public Statement is being published in the following newspapers: 2013, and the rules made thereunder; Oshiwara, Near Adarsh Nagar Signal, HUF Yes 20,000 0.41% 0.00 0.00 Publication Language Edition f) ‘Deemed PACs’ means deemed person acting in concert as defined under Regulation 2(1)(q)(1) of the SEBI (SAST) Regulations. Jogeshwari West, Mumbai – 400102, Financial Express English All Edition For the purpose of this Offer no person is acting in concert with the Acquirer. While, in terms of Regulation 2(1)(q)(2)(v) of the SEBI Maharashtra. (SAST) Regulations, Mr. Umesh Hansrajani (son of Acquirer) who is an immediate relative to Acquirer and is a public shareholder Email: rvgpersonal@gmail.com Jansatta Hindi All edition of the Target Company, is a Deemed PAC. However, such Deemed PAC is not acting in concert with the Acquirer for the purposes Mayur Global Private Limited Mumbai Lakshadeep Marathi Mumbai Edition of this Offer, within the meaning of Regulation 2(1)(q)(1) of the SEBI (SAST) Regulation; PAN: AAICM4642B Kanchan Kesari Hindi Jaipur Edition g) ‘Equity Shares’ means 48,34,800 (Forty Eight Lakh Thirty Four Thousand Eight Hundred) fully paid-up Equity Shares of the Target Address: A-136 Sundar Nagar, Badrawas, Body D.10If the Acquirer acquires Equity Shares of the Target Company during the period of 26 (Twenty-Six) weeks after the Tendering Period Company of face value of `10.00 (Rupees Ten Only); Ajmer Road, Shyam Nagar, Jaipur- 302019, Corporate Yes 7,16,241 14.81% 0.00 0.00 at a price higher than the Offer Price, then the Acquirer shall pay the difference between the highest acquisition price and the h) ‘Existing Promoters’ shall mean all the Existing Promoter/Promoter group of the Target Company namely, Mr. Rajendra Kumar Rajasthan Offer Price to all Public Shareholders whose Offer Shares have been accepted in the Offer within 60 (Sixty) days from the date Poddar, Ms. Seema Gupta, Ms. Amita Poddar, Ms. Sarita Gupta, Mr. Akhilesh Poddar, Rajesh V Gupta (HUF) and Mayur Global Email: edp@mayurglobal.net of such acquisition. However, no such difference shall be paid if such acquisition is made under another Open Offer under the Private Limited who have been classified and disclosed as Promoter/Promoter Group in the shareholding pattern filed by the Target Total 12,81,257 26.50 0.00 0.00 SEBI (SAST) Regulations, or pursuant to Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2021, Company with BSE for the quarter ended June 30, 2026 under the SEBI (List [Showing first 8,000 characters — download PDF for full document]