Dhanuka Agritech Ltd is engaged in the manufactures a wide range of agro-chemicals like herbicides, insecticides, fungicides, plant growth regulators in various forms – liquid, dust, powder and granules. Dhanuka Agritech Ltd plans to purchase of 10 Lakhs shares via Buyback at ₹1,000 per equity share for an aggregate amount not exceeding ₹100 crores.
Dhanuka Agritech Buyback 2020 Details & Review
|Buyback Type||Tender offer|
|Buyback Offer Amount:||₹ 100 Crores|
|Date of Board Meeting Approval||22 July 2020|
|Date of Public Announcement||16 September 2020|
|Buyback Offer Size||2.10 %|
|Buyback Number of Shares||10,00,000|
|Price Type||Tender Offer|
|Buyback Price||₹ 1,000 Per Equity Share|
Dhanuka Agritech Buyback 2020 Dates
|Dhanuka Agritech Buyback Record Date||28 September 2020|
|Opening Date||20 October 2020|
|Closing Date||03 November 2020 (1.00 PM)|
|Obligation (Fund Payout)||10 November 2020|
|Settlement Date (Shares Payout)||11 November 2020|
|Offer Price||Rs. 1000/- per share|
Dhanuka Agritech Buyback Acceptance Ratio
|Acceptance Ratio||Total Shares Accepted||Buyback Price||Buyback Amount||Profit||Profit%|
Profit and all other calculations is done on the basis of price on Sept 23, 2020 i.e. Rs.780.5
Dhanuka Agritech Financial Report
|Profit before tax||116.33||129.38||145.33||171.54||167.00||153.95||180.52|
Dhanuka Agritech Buyback FAQs
What is Dhanuka Agritech Buyback Price?
The company has fixed the Dhanuka Agritech Buyback price at ₹1,000.
What is the Dhanuka Agritech Buyback 2020 Record Date?
The company has announced 28th September 2020 as the Record Date