BSECompany Update3d ago · 28 Oct 2026, 05:37 pm
Fintellectual Corporate Advisors Private Limited ("Manager to the Offer") has submitted to BSE a copy of Public Announcement ("PA") in accordance with the provisions of Regulation 4 read with Regulation 13, 14 and 15 (1) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and subsequent amendments thereof for the attention of the public shareholders of Natura Hue Chem Ltd ("Target Company").
Natura Hue Chem Ltd · 531834
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Natura Hue Chem Ltd has received a public announcement from Fintellectual Corporate Advisors Private Limited regarding an open offer for acquisition of up to 10,77,778 equity shares, representing 26% of the voting share capital, at ₹42 per share.
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Full Announcement
Natura Hue Chem Ltd - 531834 - Open Offer - Public Announcement
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Date: October 28,2026
The Listing Department
BSE Limited
Phiroze Jeejeebhoy Towers
Dalal Street
Mumbai- 400001
Ref.: Natura Hue-Chem Limited (Scrip Code: 53L834)
Dear Sir/Madam,
SUBIECT: oPEN OFFER FoR ACQUISITION oF upro 1.0,72,228 Eeurry
SHARES FROM THE SHAREHOLDERS OF NATURA HUE-CHEM LIMITED
(HEREINAFTER REFERRED TO AS 'TARGET COMPANY'7 'TARGET") BY
MRS. KANIKA CHAHAL AND MR. ANUJ CHAHAL (HEREINAFTER
REFEI{IIED TO AS "ACQUIRERS")
We are pleased to submit Copy of Public Announcement dated October 28, 2026,
pursuant to and in compliance with Regulation 4 read with Regulation 73,74,75(7)
and such other applicable provisions of the Securities and Exchange Board of India
(substantial Acquisition of Shares and Takeovers) Regulation s, 2077.
Further, you are requested to disseminate this inJormation of Public Announcement to
the Public.
Thanking You,
Yours faithfully
For Fintel Corporate Advisors Private Limited
/.",
DIN:0908
FINTELLECTUAL CORPORATE ADVISORS PRIVATE LIMITED
O n"g. Office: S-15, First Floor, Sapient House, Okhla lndustrialArea Phase-ll, New Delhi-110 020 Cl N : U 74999DL2021 PTC37 77 48
Corporate Office: B-20, Second Floor, Sector-1, Noida, Uttar Pradesh-2O1 301
@ i nfoOfi ntel lectua ladvisors.com I val uations@fi ntel lectualadvisors.com
@ www.fintellectualadvisors.com S fet: +9!-t2O-4265080
PUBLIC ANNOUNCEMENT (“PA”) IN ACCORDANCE WITH THE PROVISIONS
OF REGULATION 4 READ WITH REGULATION 13, 14, AND 15 (1) OF
SECURITIES AND EXCHANGE BOARD OF INDIA (SUBSTANTIAL
ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011 AND
SUBSEQUENT AMENDMENTS THEREOF
FOR THE ATTENTION OF THE PUBLIC SHAREHOLDERS OF
NATURA HUE-CHEM LIMITED
(“TARGET COMPANY/TARGET”)
CIN: L24117CT1995PLC009845
Registered office: 408, Wallfort Ozone, Fafadih, Raipur, Chhattisgarh-492001;
Phone: 0771-4030947;
Email Id: naturahue@rediffmail.com;
Website: www.naturahuechem.com
OPEN OFFER FOR ACQUISITION OF UPTO 10,77,778 (TEN LAKH SEVENTY
SEVEN THOUSAND SEVEN HUNDRED SEVENTY EIGHT) FULLY PAID UP
EQUITY SHARES OF FACE VALUE OF ₹10/- (RUPEES TEN ONLY) EACH,
REPRESENTING 26% (TWENTY SIX PERCENT) OF THE VOTING EQUITY
SHARE CAPITAL FROM THE PUBLIC SHAREHOLDERS (AS DEFINED BELOW)
OF NATURA HUE-CHEM LIMITED (HEREINAFTER REFERRED TO AS “TARGET
COMPANY” OR "TARGET") BY MRS. KANIKA CHAHAL (“ACQUIRER 1”) AND
MR. ANUJ CHAHAL (“ACQUIRER 2”) (HEREINAFTER COLLECTIVELY
REFERRED TO AS “ACQUIRERS”) PURSUANT TO AND IN ACCORDANCE
WITH REGULATION 4 OF THE SECURITIES AND EXCHANGE BOARD OF
INDIA (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS)
REGULATIONS, 2011, AS AMENDED (“SEBI (SAST) REGULATIONS”)
This Public Announcement (“PA”/“Public announcement”) is being issued by
Fintellectual Corporate Advisors Private Limited (“Manager to the Offer” or
“FCAPL”) for and on behalf of Acquirers to the Public Shareholders of Target
Company (“Public Shareholders”) pursuant to, and in compliance with,
Regulation 4 read with Regulation 13, 14, 15(1) and other applicable provisions of
the SEBI (SAST) Regulations.
For this Public Announcement, the following terms shall have the meaning assigned
to them as below:
Definitions & Particulars
Abbreviations
Acquirer 1 Mrs. Kanika Chahal, daughter of Mohinder Pal Malik,
aged 46 years, Indian Inhabitant having PAN:
ARNPK2795C, under the Income Tax Act, 1961 and
residing at 2402 IIT Engineers Apartment, Plot No. 12,
Sector-10 Dwarka, Dwarka Sec-6, Delhi-110075.
Acquirer 2 Mr. Anuj Chahal, son of Ram Kumar Verma, aged 48
years, Indian Inhabitant having PAN: ARNPK2790H,
under the Income Tax Act, 1961 and residing at 2402
IIT Engineers Apartment, Plot No. 12, Sector-10
Dwarka, Dwarka Sec-6, Delhi-110075.
Acquirers Acquirer 1 and Acquirer 2 (collectively referred to as
Acquirers).
Agreement The Share Purchase Agreement is hereinafter referred
to as the Agreement.
Board The Board means the board of directors of the Target
Definitions & Particulars
Abbreviations
Company.
BSE Limited BSE Limited is the stock exchange where presently the
Equity shares of the Target Company are listed.
Equity Shares Equity Shares shall mean the fully paid-up equity
shares of the face value of ₹10/- (Rupees Ten Only)
each.
ISIN International Securities Identification Number
Negotiated Price A negotiated price of ₹24/- (Rupees Twenty Four Only)
per Sale Share, aggregating to an amount of
₹1,54,46,400/- (Rupees One Crore Fifty Four Lakhs
Forty Six Thousand Four Hundred Only) for the sale of
6,43,600 (Six Lakh Forty Three Thousand Six Hundred)
Equity Shares, representing 15.53% of the Voting
Share Capital of the Target Company, by Promoter
Sellers to the Acquirers, pursuant to the execution of
the Share Purchase Agreement.
Offer Period The period of entering into an agreement to acquire
the Equity Shares and Voting Share Capital in, or
control over, the Target Company requiring a Public
Announcement or the date on which the Public
Announcement is being issued by the Acquirers, i.e.
October 28, 2026 (Wednesday) and the date on which
the payment of consideration to the Public
Shareholders whose Equity Shares are validly accepted
in this Offer, is made, or the date on which this Offer is
withdrawn, as the case may be.
Offer Price An offer price of ₹42/- (Rupees Forty Two Only) per
Offer Share.
Offer Shares Open Offer for acquisition of up to 10,77,778 (Ten
Lakhs Seventy Seven Thousand Seven Hundred
Seventy Eight) Equity Shares of the face value of ₹10/-
each, representing 26% of the Voting Share Capital of
the Target Company at a price of ₹42/- (Rupees Forty
Two Only) per fully paid-up Equity Share payable in
cash.
PA/ Public Public Announcement dated Wednesday, October 28,
Announcement 2026.
Promoter and Promoter The existing promoters of the Target Company, in
Group accordance with the provisions of Regulations 2 (1)
(s), and 2 (1) (t) of the SEBI (SAST) Regulations, read
with Regulations 2 (1) (oo), and 2 (1) (pp) of the SEBI
(ICDR) Regulations, in this case, namely being,
Narendra Kachhawat, Mansoor Ahmed, Shalini
Pokharna, Abha Parakh, Anurag Agrawal, Himmat Lal
Sahu, Madhuri Agrawal, Raj Kumar Parakh, Rajesh
Kumar, Umesh Kumar Sahu, Vinay Kumar Parmar,
Yaqub Khan, New Era Alkaloids And Export Limited,
Vimal Jain, Sakhi Gopal Agrawal and Hifzul Rahim.
Promoter Sellers The existing promoters of the Target Company who
have entered in a Share Purchase Agreement with the
Acquirers, in this case, namely being, Narendra
Kachhawat, Mansoor Ahmed, Shalini Pokharna, Abha
Parakh, Anurag Agrawal, Himmat Lal Sahu, Madhuri
Agrawal, Raj Kumar Parakh, Rajesh Kumar, Umesh
Definitions & Particulars
Abbreviations
Kumar Sahu, Vinay Kumar Parmar, Yaqub Khan and
New Era Alkaloids and Export Limited.
Public Shareholder(s) All the equity shareholders of the Target Company who
are eligible to tender their Equity Shares in the Offer,
except: (a) the promoters and members of the
promoter group of the Target Company; (b) the
Acquirers and any person deemed to be acting in
concert with them; (c) the parties to the underlying
Share Purchase Agreement, (d) any person deemed to
be acting in concert with the parties to the SPA,
pursuant to and in compliance with the SEBI (SAST)
Regulations.
SCRR Securities Contract (Regulation) Rules, 1957, as
amended.
SEBI Securities and Exchange Board of India.
SEBI Act Securities and Exchange Board of India Act, 1992, and
subsequent amendments thereto.
SEBI (LODR) Securities and Exchange Board of India (Listing
Regulations Obligations and Disclosure Requirements) Regulations,
2015 and subsequent amendments thereto.
SEBI (SAST) Securities and Exchange Board of India (Substantial
Regulations Acquisition of Shares and Takeovers) Regulations,
2011 and subsequent amendments thereto.
Share Purchase The Share Purchase Agreement dated Wednesday,
Agreement/ SPA October 28, 2026 executed between the Acquirers and
the Promoter Sellers, pursuant to which the Acquirers
have agreed to acquire 6,43,600 (Six Lakh Forty Three
Thousand Six Hundred) Equity Shares, representing
15.53% of the Voting Share Capital
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