BSECompany Update5h ago · 20 Aug 2026, 12:23 pm

Navigant Corporate Advisors Ltd ("Manager to the Offer") has submitted to BSE a copy of Post Offer Advertisement to the Shareholders of Niraj Cement Structurals Ltd ("Target Company").

Niraj Cement Structurals Ltd · 532986

✦ AI SummaryFundraise

Niraj Cement Structurals Ltd has received an open offer for acquisition of 26% equity shares by Gulshankumar Vijaykumar Chopra at Rs. 29 per share. The offer was made in compliance with SEBI SAST Regulations, 2011.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk4/10
Liquidity Impact8/10
Market Sentiment5/10

✦ Ask a Question

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

0/500

Full Announcement

Niraj Cement Structurals Ltd - 532986 - Post Offer Advertisement

Attachments (1)

📄

6879A822-EB83-491E-B5BF-B64BA0B057B2-122301.pdf

pdf

Download →
View document text
AA 4 Navigant NAVIGANT CORPORATE ADVISORS LIMITED Regd. Office: 804, Meadows, Sahar Plaza Complex,J B Nagar, Andheri-Kurla Road, Andheri (East) Mumbai-400 059; Tel: +91-22- 4120 4837 / +91 22 4973 5078 Email: navigant@navigantcorp.com; Website:www.navigantcorp.com (CIN: L67190MH2012PLC231304) Date: 20.08.2026 The Manager Dept. of Corporate Services BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Fort Mumbai - 400 001 Sub: Submission of Post Offer Advertisement in terms of Regulation 18(12) of SEBI SAST (Regulations), 2011 of Niraj Cement Structurals Limited (BSE Code: 532986) Ref.: Open Offer to acquire upto 1,55,20,529 equity shares of Rs. 10/- each at a price of Rs. 29/- per fully paid-up Equity Share of Niraj Cement Structurals Limited (‘Target Company’) representing 26.00% of the fully paid up and voting share capital by Gulshankumar Vijaykumar Chopra (hereinafter referred to as the "Acquirer”) Dear Sir, This is with reference to the above please find the Post Offer Advertisement in terms of Regulation 18(12) of SEBI SAST (Regulations), 2011 hard and soft copy being issued by us on behalf of captioned Acquirer with regard to open offer for acquisition of Equity Shares of Niraj Cement Structurals Limited (‘Target Company’) by Acquirer which was published on 20* August, 2026 in Financial Express - English Daily (all editions); Jansatta - Hindi Daily (all editions); Navshakti - Marathi Daily (Mumbai edition). We certify that the contents of the PDF format in soft copy are identical with the hard copy of Post- Offer Advertisement. Thanks & Regards, For Navigant Corporate Advisors Limited Sarthak Vijlani Managing Director POST OFFER ADVERTISEMENT TO THE EQUITY SHAREHOLDERS OF NIRAJ CEMENT STRUCTURALS LIMITED ("NIRAJ"/"TARGET COMPANY"/"TC") (Corporate Identification No.: L26940MH1998PLC114307) Registered Office: Unit No. 820 to 825, Commercial Building, Wadhwa, Dukes Horizon, Pepsi Company, Off. Sion Trombay Road, Nr. R K Studio, D G Patil Road, Mumbai, Maharashtra- 400088, India; Phone No.: 022-66027100; Email id: info@niraj.co.in; cs@niraj.co.in; Website: www.niraj.co.in Open offer for acquisition of 1,55,20,529 Equity Shares of Rs. 10/- each representing 26.00% of the equity and voting share capital of the Target Company by Gulshankumar Vijaykumar Chopra (hereinafter referred to as “Acquirer”). This Post offer Advertisement is being issued by Navigant Corporate Advisors Limited, The Manager to the offer, on behalf of the Acquirer, in connection with the offer made by the Acquirer in compliance with regulation 18(12) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulation, 2011 and subsequent amendments thereto (“SEBI (SAST) Regulation, 2011”). The Detailed Public Statement (“DPS”) pursuant to the Public Announcement (“PA”) made by the Acquirer have appeared in Financial Express - English Daily (all editions); Jansatta - Hindi Daily (all editions); Navshakti - Marathi Daily (Mumbai edition) on 23rd June, 2026. 1. Name of the Target Company : Niraj Cement Structurals Limited 2. Name of the Acquirer : Gulshankumar Vijaykumar Chopra 3. Name of the Manager to the offer : Navigant Corporate Advisors Limited 4. Name of the Register to the offer : MUFG INTIME INDIA PRIVATE LIMITED (Formerly Known as Link Intime India Private Limited) 5. Offer details a) Date of Opening of the Offer : Friday, 31st July, 2026 b) Date of the Closing of the offer : Thursday, 13th August, 2026 6. Date of Payment of Consideration (Actual) : 19th August, 2026 7. Details of the Acquisition : Sr Particula rs Proposed in the Offer Actual No. Document 7.1. Offer Price Rs. 29.00 per Equity Share Rs. 29.00 per Equity Share 7.2. Aggregate number of Shares tendered 1,55,20,529 21,350 7.3. Aggregate number of Shares accepted 1,55,20,529 21,350 7.4. Size of the offer Rs. 45,00,95,341 Rs. 6,19,150 (Numbers of shares multiplied by Offer price pe rshare) 7.5. Shareholding of the Acquirer before Share Purchase 52,20,946 52,20,946 Agreement (SPA) and Public Announcement (No.& %) (8.75%) (8.75%) 7.6. Shares to acquired by way of Share Purchase Agreement (SPA) (cid:63)Number 2,44,97,708 2,44,97,708 (cid:63)% Fully Diluted Equity Share Capital (41.04%) (41.04%) 7.7. Shares Acquired by way of Open offer (cid:63)Number 1,55,20,529 21,350 (cid:63)% Fully Diluted Equity Share Capital (26.00%) (0.04%) 7.8. Shares Acquired after detailed Public Statement (cid:63)Number of Shares acquired Not Applicable Not Applicable (cid:63)Price of the shares acquired (cid:63)% of the shares acquired 7.9. Post offer Shareholding of Acquirer (cid:63)Number 4,52,39,183 2,97,40,004 (cid:63)% Fully Diluted Equity Shar e Capital (75.78%) (49.82%) 7.10. Pre and Post Offer Shareholding of Public Shareholders Pre-Offer Post Offer Pre-Offer Post offer (except selling shareholder) (cid:63)Number 2,03,35,808 48,15,279 2,03,35,808 2,03,14,458 (cid:63)% Fully Diluted Equity Share Capital (34.07%) (8.07%) (34.07%) (34.03%) Note: Post completion of the Open Offer, the Acquirer individually holds 2,97,40,004 Equity Shares, representing 49.82% of the Voting Share Capital of the Target Company, after taking into account the Equity Shares to be acquired pursuant to the Share Purchase Agreements and the Equity Shares tendered and accepted in the Open Offer. The Acquirer, together with the other promoters of the Target Company, collectively holds 3,93,79,882 Equity Shares, representing 65.97% of the Equity Share Capital/Voting Share Capital of the Target Company. 8. The Acquirer accepts full responsibility for the information contained in this Post Offer Advertisement and also for the fulfillment of his obligations as laid down by SEBI (SAST) Regulations, 2011. 9. A copy of this Post Offer Advertisement will be available on the website of SEBI. 10. Capitalized terms used in this advertisement and not define herein, shall have same meaning assigned to them in the Letter of Offer dated 18.07.2026. ISSUED BY MANAGER TO THE OFFER FOR AND ON BEHALF OF THE ACQUIRER NAVIGANT CORPORATE ADVISORS LIMITED 804, Meadows, Sahar Plaza Complex, J B Nagar, Andheri Kurla Road, Andheri East, Mumbai - 400059. Tel No. +91 22 4120 4837 / 4973 5078 Email id: navigant@navigantcorp.com Website: www.navigantcorp.com SEBI Registration No: INM000012243 Contact person: Mr. Sarthak Vijlani Place: Mumbai Date: August 19, 2026