Corporate Professionals Capital Private Limited, acting as the Manager to the Offer, has submitted a Detailed Public Statement (DPS) to the shareholders of Ador Multiproducts Limited (AML) regarding the acquisition of up to 24,85,858 equity shares, constituting 26.00% of the Expanded Share Capital of the company. The offer price for the acquisition has been set at INR 31.41 per share, which is the consideration that the acquirers are offering to the shareholders of AML.

Key Details of the Acquisition

• Offer Price: The acquirers are offering a price of INR 31.41 (Indian Rupees Thirty-One and Forty-One Paisa) per equity share.

• Shares to be Acquired: Up to 24,85,858 equity shares, representing 26.00% of AML's Expanded Share Capital.

• Acquirers: The parties making the offer include Mr. Arvinder Singh Pasricha, Mrs. Aman Pasricha Balsara, Ms. Zinnia Pasricha, and Thrive Future Habitats Infra Private Limited. Additionally, Mr. Tushar Rohinton Balsara is identified as the Person Acting in Concert (PAC).

Compliance with SEBI Regulations

This acquisition is being made in full compliance with the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and its subsequent amendments, specifically Regulation 3(1) and Regulation 4, which govern the substantial acquisition of shares and takeovers in listed companies. These regulations require the acquirers to submit a Detailed Public Statement to inform the shareholders of AML about the proposed acquisition.

The offer price of INR 31.41 per share has been determined as per the applicable guidelines under the SEBI (Takeover) Regulations, ensuring fairness to all shareholders involved in the transaction.

Details of the Acquirers

• Mr. Arvinder Singh Pasricha

• Mrs. Aman Pasricha Balsara

• Ms. Zinnia Pasricha

• Thrive Future Habitats Infra Private Limited (the acquisition entity)

• Mr. Tushar Rohinton Balsara (Person Acting in Concert)

These individuals and entities are collectively referred to as the Acquirers in this transaction.

The Offer Process

The acquisition process is being conducted in accordance with the SEBI Takeover Regulations, which are designed to protect the interests of the shareholders of the target company. The acquirers will be providing further details on the offer, including the timelines for the open offer and other procedural requirements, in due course.

Public Statement and Compliance

This Detailed Public Statement has been made to comply with the mandatory disclosure requirements set out by SEBI, ensuring that the shareholders of AML are fully informed about the offer and the terms of the acquisition. The Manager to the Offer, Corporate Professionals Capital, has taken the responsibility for managing and ensuring compliance throughout the takeover process.

Next Steps for Shareholders

Shareholders of Ador Multiproducts Limited are advised to carefully consider the terms of the offer before making any decisions. The formal offer document will include details about how to accept the offer, along with additional terms and conditions.

Conclusion

The acquisition of up to 26% equity in Ador Multiproducts Limited by the aforementioned acquirers is in line with the ongoing corporate restructuring and growth strategy. The offer price of INR 31.41 per share provides a clear opportunity for shareholders to participate in this process. Corporate Professionals Capital continues to manage the offer, ensuring that all SEBI regulations are met and that shareholders' interests are prioritized.

The Detailed Public Statement serves as the first step in the takeover process, with more information to follow as the acquisition proceeds.

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