DHANUKA AGRITECH SHARE NEWS

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22 JULY 2020

The meeting of Dhanuka Agritech board of directors commenced at 11 a.m. and concluded at 1 p.m.

Below two outcome of 22 July board meeting

  • A proposal of buyback of fully paid-up equity share of face value Rs. 2 each of the company (‘Equity Shares’) not exceeding maximum buyback price of Rs. 1000/ per equity share per equity share (Maximum Buyback Offer Price) payable in cash for an aggregate amount not exceeding rupees 100 crores only, excluding transaction cost (hereinafter referred to as the (Maximum Buyback Offer size), being 14.27% of the paid-up equity sharecapital and free reserve of the company based on the latest standalone and consolidated audited financial statements of the company respectively as at March 31st 2020

Buyback Type:

Tender Offer

Buyback Record Date:

TBD

Buyback Opening Date:

TBD

Buyback Closing Date:

TBD

Buyback Offer Amount:

100 Cr

Date of Board Meeting approving the proposal:

TBD

Date of Public Announcement:

TBD

Buyback Offer Size:

14.27%

Buyback Number of Shares:

1,000,000

FV:

2

Buyback Price:

1000 Per Equity Share

The Pre-buyback shareholding of the company

SN

Category

No. of Shares

%

A

Promoter &  Promoter Group

3,56,83,267

75.00

B

Public

1,18,95,057

25.00

C1

Shares Underlying DRs

0

0

C2

Shares held by Employee Trust

0

0

C3

Non-Promoter Non-Public

0

0


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