BSECompany Update25 Aug 2026 · 25 Aug 2026, 08:09 pm
Submission of newspaper advertisements regarding Detailed Public Statement received from Indcap Advisors Pvt Ltd (Manager to open offer) in connection with open offer made by Nandini Modi ....
South India Paper Mills Ltd · 516108
✦ AI SummaryFundraise
South India Paper Mills Ltd has received a Detailed Public Statement from Indcap Advisors Pvt Ltd regarding an open offer made by Nandini Modi and Kirit Modi to the public shareholders of the company.
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.
Full Announcement
South India Paper Mills Ltd - 516108 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Attachments (1)
📄pdf
Download →
66b8c1df-1921-4a2e-90cd-2bdb7c1a334d.pdf
View document text
THE SOUTH INDIA PAPER MILLS LIMITED
Regd. Office & Factory :C hikkayana Chatra, Nanjangud -571 302, Karnataka State, ndia
Corporate & Marketing Office : # 1205 / 1206, Prestige Meridian II, M.G Road, Bangalore -560 001.
RRef: BSE/2026/ 85
25th Aug 2026
BSE Limited
Phirozc Jecjccbhoy Towers
Dalal Street,
Mumbai – 400 001
Dear Sir/Madam,
Scrip Code : 516108
RRef:O ur communication regarding Public Annoucement received in relation to open offer
SSub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 – Newspaper advertisement regarding Detailed Public
statement received from Acquirers Mrs Nandini Modia nd Mr Kirit Modi through
IndcapAdvisors Pvt Ltd (Manger to open offer)
This is to inform you that we have received a copy of the Detailed Public Announcement dated
25th August, 2026 in relation to the open offer to the Public Shareholders (as defined in the
Public Announcement) of The South India Paper Mills Limited (Target Company") by Nandini
MModia nd Kirit Modi (Acquirers) together with Sachin Kirit Modi, Swapnil Kirit Modi, Riddhi
Sachin Modi, Bhuvi Swapnil Modi, Rihaan Sachin Modi, Rigid Containers Pvt Ltd, Fortune
Packaging LLP (PACS).
As required under Regulation 14(4) of the SEBI (SAST) Regulations, the newspaper
advertisements regarding the Detailed Public Statement dated August 25, 2026, published on
25.08.2026 in the E-NewsPaper of Financial Express (English All editions), Jansatta (Hindi All
editions), Udaykala (Kannada, Bangalore edition) and Mumbai Lakshdeep (Marathi, Mumbai
edition) as received from Manager to the offer is attached herewith.
This is for your information and record.
Thanking you,
YYours faithfully
For The South India Paper Mills Limitcd
Digitally signed by
Vidya Bhat Vidya BhatVidya Bhat
Date: 2026.08.25
19:41:36 +05'30'
Company Secretary
Encl: as above
SIPM
L8SI10KA1959PLCO01352
CIN (Corporate ldentity No.)
FFACTORY: PHONE:( 91) (08221) 2282 65-67
CCORPORATE : PHONE :(91) (080) 41123605
E-mail: marketing @sipaper.com Grams : PAPERMILLS WWebsite : www.sipaper.com
WWW. ANCIA SS
I II I I I II
I A I
REGULATIONS 13. 1 c
AcoulslnonOFSH G
(SAST)REGULATID 0
THISDETAILED PUB
INDCAPADVISORS G
BEHALFDFTHEACO P
18.2026.INTERMS 1 D
1. | I
2. "Eq ilysh I
T ly)
a. "Id till do I Ii
am T d ld
4. nm g 1 g in
M di.Bh iS x
I nd rh . E PA 11 I 9
9. "SEB\" h II d h n
R g lalo . I
11. "s II rs'/" II I 11
Sh I
13. "SCRH"ShaII v R n 5 J r I u
14. "St kE h BS r I 1 (
Pur h eAr
b p t \0Ih(I Ih ki and do Pf I I
UH anis DOI s
1. n dl iMo for1") iBh NV 2 y d
ddres 1F1 B Ed H II,D .A Ipref H S.0 bar r lh > I o s M 1 yed
l n�
l �d
2.P1i rt the .,Ie.hefna Pf dh r I IC | l | P dle yu awe �������������
1.4 Th NetWrl Aq r1 Ag 1 2 .91.I 48/- hree �������������
ElghtyTwoC ninety OneLakhs SIxTt» a an ty0 NyE Ava s u th EU th n
R gi Nation b 23230015/E300058), at 1 Ie 12 a nlmant -1 h q
1.5 Th Llq IdA t tAco irerl A q II0.2026i !3.43.08.76.764.18/ p Threw rod �� ������������������������ �����
S\1eeL'B'BIock.2 dFIOOLKOlk3l3 700001.andmeirc nl ld tall 3$03340012400 ndemail p il@k filoej .ThepermanenlAc IN ber[pAn) 1PAC4i AKSPTB470B. m PAC 1 q "w ysh 1theTarge1Co p ny ithefaspart 1th Und rlyingTransactinn
����m ���s ��a �����r �@ ��yh ��o �o �, ������v �i �d ����n ��i �f �ll ���d ��1 �d ��A � ugl1B,2026brlr»gUq D m 6.2 �T �h ����h �����b ����n �o ���h �f �ig ����m �����m ��e ��f �P �AC4i th pa I pt p nhermania9ewithpAC2.prior 1 drlh Op 0f1enWhiI crlalnolherpe on yhedeemedtuh tlngl cerlwnhme
Ilh TrglCo panyasonlh ual llh PA mi DPS.Pur llolhecunsu malio flh H meMalc r
s �H
l �y
���c �h �.a ��n �d �s �h �a �I| ���II ��mi Iyh ld24.31.937Eq irtysh pres 0inQ12.97% fv tingSh c pilal � OEq O��il � py �s a�h y��re �s � oc n�o l�n � fs �ti � dlu � lt � ei �ng �� l0 m��f1 e�. p6 � A�3% ��( � d0 l� f� i� l�p D�� Pllt � SS � .P�� AT � Chr 4�ee ��p ti�e l�f l�c ��n I�t �) � q�1 �th � 1��v � a� n1 �i yn �g � frS � t�h h�a �� rE�C � qa �p 1��i t�t ya S�l h�1 a�t � rh � e� sT �� o�r �g h�1 � � la���� m� t� h� e� M�� q�� u� l� m�� :� /� p� A�� c� : R�� d� a� l� l� a� u� s�� h� l� ph�� m�� m�� m�� U� s� eA�� e� q� u� l� m�� r.� 1� 0�� P� A� D�
������������� DO iii fd ig tedp re nylon itedli bilityp rtn hip. 5.PIO t dD tor fPAC6,PIOMOI d
6.6 PAC4wiIIb8classifiedas FlomolorG p' 1lheTang tC partyalong nm exl lingPmmol Dasignatdpartne¢ofpAC7
�s �� 60 panyllme llsdgnatlon M ��i �m ���i �D �a �ta ��m uslhg Shi s �� �an ��d �p �r �o ���I �r �G ��rn �u �p �, �p ����a �n �t � th co pl to lth 0p Offset KirltModi (A qui r2) �S �p ��o ����f �A �q �����1 �.F �l �I'l �e �r ��1 �p �A ��c ��1 �a ��n �d �p �A �c �2 �, �Flh9r-
up. #will .II 1. Rlh s hl MOdl("PAC5") I L IPAC3 OPAC4, Glandtathe IPAC5.
1 s Ihipak Pri I Li id Di I 10111/1995 u list d 7.1 RihaanS Chi Modi.an di id ILHD d 20y .S/ S h KirilModi.anlndi N lion I h hi Plum let IPAC6, PI olerano D signal d Part I
1.8 Acq i¢9r1wiIIb I m d a"plumoter ofmeTargstC p y I fig I\hth ISII gr I ih hl MOdI(A l on T A land A
andPr taGro p.pursuaMl th mpleti ItheOpwOHet 17� .� 5� � P� A� C� 5d�� 0���� r� h� o�� l� ua�� n� ym��� n��� d���� O� f� d� l�� g� l� y� ,� p� A� c� 5d������ t� h� o� l� d� a� n� y� d� l� r� e� c� t����� h� i� pl����� y��� up���� y�� Rigidc fainer Prov I Li ired(PAC6) mmotadhyAql 1 dAqui r
2.1 KilMwi, . divid I, god77ye rs.s/ nanon IMOdi,I di N ii l,h hi resid mi I do! ss I 7.6 PAC5 Illheclassified "Pr terGr p' IM T rg 1co panyalongwnhtneexl tlngPmmole
RGIN . 17BEd Hall, DNA B IRO d. Copper Chi neyH lel.w hash. M b 1-400018. ndPr t rGrnup,p It th completionofth Op on r �� �������������������������������������
M h hrra. The cuniaci details Of A q . 2 . 91 9987234801 and the m it dd a. RIpldc m I rsPrlvaI LI II d("PAC6')
kirK@k nl .I .ThepemanenlA IN bel[pAn) IA q . r2I AEAPM8490A. 8,1 Rigidc taine Privt Li hd pal Ii itd mp y. rpoiaied DC DHO7. 1984
2.2 Th h bee h 9th me1Aq2i1hepat. ��d ���t �h ��p �r ���I ���s ����th �e ��C panl SA t. 1956. Th Corpor Ie Ioentitic dionN bet IPACG I
ramon an ugh heldbylasell light:heldreIII
8.2 PAC6h in gi I o m tDP8.SIDCOI 60 tri IES! t .Tir mzhisai.ChemaI,Ch n .Tamil
voting vctiq
as Hifi d by CA SameaKnth (M bersllipn ,0589E1),Part IRKJS&C .LL£(Fi
Id nncari0 N b ¢uDln)26o5s961BHlmnmu2617.
l �o �a �a �rin �y �ui
narsssScnaoI,Jm .
oe1Ii1ied by cA s KIhrI(M mb hlpn.D5B961].parI fRKJS&C.LlR(Fir � ��������� ������ ����� Mumh -400049
Ra5ulHa hadI/ml N NM n l ml SPA 12.50,000' 6.67% NIL No
T | I 61,875 100.00
rt1sameer@y hoo. . id till teat dA g sllB,2026b gU iqu Doc mentld titicatio
N Mb r(UDlN)26058961BHWWMU2617. 8.6 PAC6h ld 4.13.345(FourLakhsTl1irl Th dThl H no d dF flyHvelullyp id pEq i1y
2.6 Presenhy, A q . 2 h Id 3.05.800 (Three L kh F Thnusa d d Eight H d d)f IIy paidup �sh �����c �o ��L �il �I �i ��g ��I ��2, �2 �0 ��% �( �T �w �N �D ���r ��nT ��w �n �Z ��r �p �e �r ����I �) ��lm ���e �v ��m ��i �g �s ��h �������p ��i �l �l ��ll �h ���S �e ��r �g �e �i d Samin Road.
�C �o �m �p ����y �����l �h ��d �a �l ���H �h ���P �A �a ��n ��dthisDPS.PAC5 hall I co r ny! nth rEq ilysh ith
near Torn y mnfiq
defth SPA r nd rtheOp OH r
2.7 Acq r2b ringDIn 00167607,00 In Iddirect hip angeli led co pany.Furtn r,A qui r2 M her nu
�h �o �ld ��s �d ��i ��a �t �� hip am p itionofdssignatadprl th fll goo pas/Ii it d liabiliiy 1011 400054
p rM r hip :
(i Laldis, xceplpe/slr redata) mu 31.90.240 zazws HIL Ill_
¢Ccr°frJ re!
epaper.tinancialexpress.co ���������
BENGALURU
"Bo .
TUESDAY. G s
ibcwurwdnomDveulou Ag
'12.56,000Eq1/ffy of
. ..
3. TheSellersare o ..
issuedbytheR 1. .
4. TheSellersam o 011 I
2(1)[la)ofthes . .. �������
5. Uponconsumer T ..
. ...
andt1leAcqulrer n on ..
0. INFORMATION M
inlast3(Three) .. .
corporate@sip ..
4. TheEquity Sha B B S
delistedfromth . ..
01SEBI(SAST) . ..
.. ..
. ..
. ..
7. AsonCateofth of fig .. .
convertibleinto . ..
. ..
. ..
4 her no .
NDIS!/1SP9Ill7€08l33V . "I(
. SP
3. A P I
6. PU h3 02 03280 D 101 . *Ma Sh bein direct
7. R ha 202 06 62567 D IDI . . 1. IHag donas ad I s re
� 19 � 0. �
.. . ..
si �n o�e ��b a�l
ds I�h
fBo �l
Sourc
[Showing first 8,000 characters — download PDF for full document]