Description

Open offer by Noize Brands and Lifestyle Limited (Acquirer) along with Mr. Aditya Chopra (PAC) to acquire 26% equity of JAUSS POLYMERS LIMITED at Rs. 16.05 per share, open from April 22 to May 6, 2026.

Summary

BSE has notified trading members and custodians of an open offer by M/s. Noize Brands and Lifestyle Limited (Acquirer) along with Mr. Aditya Chopra (PAC) to acquire up to 12,02,650 fully paid-up equity shares (26% of voting share capital) of JAUSS POLYMERS LIMITED (scrip: JAUSPOL) at Rs. 16.05 per share in cash. The offer is made pursuant to SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (Regulations 3(1) and 4).

Key Points

  • Acquirer: M/s. Noize Brands and Lifestyle Limited
  • Person Acting in Concert (PAC): Mr. Aditya Chopra
  • Target Company: JAUSS POLYMERS LIMITED (JAUSPOL)
  • Offer Price: Rs. 16.05 per share (cash consideration)
  • Offer Size: 12,02,650 equity shares (26% of equity and voting share capital)
  • Face Value: Rs. 10.00 per share
  • Offer Period: Wednesday, April 22, 2026 to Wednesday, May 06, 2026 (excluding SEBI Holiday on Friday, May 01, 2026)
  • Mechanism: BSE Acquisition Window as per SEBI circular CFD/DCR2/CIR/P/2016/131 dated December 9, 2016

Regulatory Changes

No new regulatory changes introduced. The offer operates under the existing framework:

  • SEBI circular CIR/CFD/POLICYCELL/1/2015 dated April 13, 2015
  • SEBI circular CFD/DCR2/CIR/P/2016/131 dated December 9, 2016
  • BSE notices: 20170210-16, 20190424-35, 20200528-32, 20201102-43, 20210825-62 (Revised Guidelines for acquisition through Stock Exchange)

Compliance Requirements

  • Trading members and custodians must facilitate client participation in the Offer to Buy window on BSE.
  • All transactions must follow the Revised Guidelines for the acquisition mechanism as outlined in the referenced SEBI circulars and BSE notices.
  • Letter of Offer is attached and available for review; market participants should refer to BSE website (www.bseindia.com) for full offer details.

Important Dates

  • Notice Date: April 17, 2026
  • Offer Open Date: Wednesday, April 22, 2026
  • Offer Close Date: Wednesday, May 06, 2026
  • Holiday (excluded from offer period): Friday, May 01, 2026 (SEBI Holiday)

Impact Assessment

Public shareholders of JAUSS POLYMERS LIMITED (JAUSPOL) have an opportunity to tender their shares at Rs. 16.05 per share during the offer window (April 22 – May 6, 2026). The offer represents 26% of the company’s equity, which is a significant stake acquisition that could alter the ownership and control structure of the target company. Trading members must ensure their systems are configured to handle Offer to Buy orders on BSE’s acquisition window platform for JAUSPOL during the specified period.

Impact Justification

This is a SEBI-regulated open offer for acquisition of 26% equity stake in a listed company, directly affecting public shareholders of JAUSS POLYMERS LIMITED with a defined offer price and trading window.