BSECompany Update14h ago · 20 Oct 2026, 03:59 pm
Please find attached the intimation of recommendation by the Committee of Independent Directors pursuant to Regulation 26(7) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011 on Open Offer made by the Acquirers to the public shareholders of RR MetalMakers India Limited.
RR MetalMakers India Ltd · 531667
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RR MetalMakers India Ltd has received a recommendation from its Committee of Independent Directors for an open offer made by RB International Holdings Limited, Suyog Yogesh Desai, and Nikita Suyog Desai to acquire up to 23,42,295 equity shares of the company.
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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern3/10
Regulatory Risk8/10
Balance Sheet Risk4/10
Liquidity Impact6/10
Market Sentiment5/10
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RR MetalMakers India Ltd - 531667 - Announcement under Regulation 30 (LODR)-Open Offer - Updates
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Date: October 20, 2026
The Manager,
Department of Corporate Services (DCS-Listing)
BSE Limited,
Phiroze Jeejeebhoy Towers,
Dalal Street, Mumbai - 400 001
Scrip Code - BSE - 531667
Dear Sir/Madam,
Sub: Outcome of Independent Directors Committee (“Committee”) Meeting pursuant to the provisions
of Regulation 26(7) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
(“SEBI SAST Regulations”).
Ref.: Open Offer for the acquisition of up to 23,42,295 Equity Shares of RR MetalMakers India Limited
(“Target Company”) by RB International Holdings Limited (“Acquirer 1”), Suyog Yogesh Desai
(“Acquirer 2”) and Nikita Suyog Desai (“Acquirer 3”) (collectively “Acquirers”) in accordance
with the provisions of the Securities and Exchange Board of India (Substantial Acquisitions of
Shares and Takeovers) Regulations, 2011 (“SEBI SAST Regulations”) (the “Open Offer” or
“Offer”).
In accordance with Regulation 26(7) of SEBI SAST Regulations, we would like to inform you that the
meeting of the Committee was held today i.e., October 20, 2026 at 11:00 a.m., for providing its
recommendation on the Open Offer.
The report of the Committee is attached herewith for your reference.
The same is being published on Thursday, October 22, 2026, in the following newspapers:
Newspaper Language Edition
Business Standard English All
Business Standard Hindi All
Navshakti Marathi Mumbai
Kindly take the same on record.
Thanking you,
For RR MetalMakers India Limited,
Harshika Kothari
Company Secretary & Compliance Officer
Membership No.: A61964
Enc.
GSTIN No.: 27AACCS1022K1ZL CIN No.: L51901MH1995PLC331822
Registered Office : B-001 & B-002, Ground Floor, Antop Hill Warehousing Complex Ltd, Barkat Ali Naka,
Salt Pan Road, Wadala (E), Mumbai - 400 037, Maharashtra.
Corporate Office :2nd Floor, Sugar House, 93/95, Kazi Sayed Street, Mumbai - 400 003.
Ph.: 022-6192 5555 / 56 • Email :info@rrmetalmakers.com • Website : www.rrmetalmakers.com