Simandhar Impex Ltd

📈 Farmico Offers to Acquire 25.36% Stake in Simandhar Impex at ₹30/Share

• Farmico International is offering to acquire up to 775,310 equity shares of Simandhar Impex Ltd (BSE: 544662), representing 25.36% of total equity and voting capital.

• The offer price is ₹30 per equity share, payable in cash.

• The Independent Directors Committee of Simandhar Impex has deemed the offer price fair and justified, with their recommendation published on April 16, 2026.

• There is no competitive bid for this offer.

• The offer opens on April 20, 2026 and closes on May 4, 2026.

• Payment for acquired shares is scheduled for May 18, 2026.