NACL Industries open offer extended to September 9

Coromandel International Limited's open offer to acquire up to 52,462,320 equity shares of NACL Industries Limited, representing 26.00% of the voting share capital, has been extended. The offer, priced at INR 76.70 per share, was initially set to close on Monday, September 8, 2025.

The extension comes after the Government of Maharashtra declared September 8, 2025, a public holiday for Eid-e-Milad. Consequently, the Securities and Exchange Board of India (SEBI) permitted a one-working-day extension. The tendering period will now close on Tuesday, September 9, 2025.

The total consideration for the offer, assuming full acceptance, is up to INR 4,02,38,59,944. JM Financial Limited, the manager to the offer, confirmed these changes through a public notice dated September 5, 2025.