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 |
- Appointment of Mr Siraj Azmat Chaudhry as an additional director under independent category
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