Public Announcement-Open Offer
Special SituationWatchNotablemateriality 72 out of 100
What happened
FactPublic Announcement-Open Offer.
Why it matters
CapitSignal interpretationAn open offer gives holders a defined price at which they can exit, and signals that control is changing.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Capex
ContradictedEarlierFY25
Registered highest-ever turnover of ₹2116 Crores PAT crosses the ₹100 Crores landmark Commissioned a new plant at Dahej
NowFY25
Commenced commercial production at Dahej with a capacity of 6,000MT
Change
FactFact conflict
Implication
CapitSignal interpretationThe earlier statement claims the highest-ever turnover of ₹2116 Crores and PAT crossing ₹100 Crores, while the current statement reports FY25 revenue of ₹1,252 crore and PAT of ₹-73 crore.confidence 95%
Watch next
Fact- Offer price versus market price
- Acquirer and resulting shareholding
Evidence
- JM Financial Limited has Submitted to the Exchange a copy of pre offer advertisement in accordance with Regulation 18(7) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended, and corrigendum to the public announcement and detailed public statement for the attention of the public shareholders of the Company.(opens the original filing in a new tab)
- Earlier statement · FY25
- Latest statement · FY25
How CapitSignal classified this
- Reasoning:
- OPEN_OFFER base 72; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%