Dhanuka Agritech Buyback 2023 Details

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Dhanuka Agritech
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Dhanuka Agritech Limited is one of the leading agro-chemical businesses in India. The Bombay Stock Exchange and the National Stock Exchange of India both list the company. The organisation has marketing offices in all of India’s main states, giving it a PAN-India presence. With 3 manufacturing facilities, 39 warehouses, and more than 8 branch offices spread throughout India, Dhanuka Agritech Limited serves 6500 distributors and over 75,000 dealers. 

With a team of more than 1000 techno-commercial employees, a strong R&D division, and a solid distribution network, Dhanuka is able to provide its goods and services to roughly 10 million Indian farmers. 

Dhanuka Agritech Buyback Detail 

Issue Period Dec 26, 2022 – Jan 6, 2023 
Security Name Dhanuka Agritech Limited 
Issue Type Tender Offer 
Issue Size (Shares) 1,000,000.00 
Issue Size (Amount) ₹85.00 Crores 
Buyback Price ₹850 per share 
Face Value ₹2 per share 
Listing At BSE, NSE 
Kaveri Seed Buyback 2022: Important Dates & Details

Dhanuka Agritech Buyback Issue Timetable 

Offer Opens On Dec 26, 2022 
Offer Closes On Jan 6, 2023 
Last Date to buy shares Nov 16, 2022 
Record Date Nov 18, 2022 
Last Date for receipt of Tender Forms Jan 9, 2023 
Finalisation of Buyback Acceptance Jan 16, 2023 
Last Date for settlment of bids Jan 17, 2023 
Last Date for Extinguishment of Shares Jan 24, 2023 

Dhanuka Agritech Buyback Ratio 

Category Entitlement Ratio of Buyback 
Reserved Category for Small Shareholders 4 Equity Share out of every 33 Fully paid-up Equity Shares held on the Record Date. 
General Category for all other Eligible Shareholders 3 Equity Shares out of every 160 Fully paid-up Equity Shares held on the Record Date. 

Dhanuka Agritech Company Financials 

Period Ended Total Revenue Profit After Tax Net Worth Reserves and Surplus 
31-Mar-20 1145.16 141.35 707.58 698.07 
31-Mar-21 1421.17 210.56 796.19 786.87 
31-Mar-22 1511.36 208.89 960.42 951.1 
Amount in ₹ Crore 

Dhanuka Agritech Buyback 2023 Objectives 

  1. The Buyback will help the Company to return surplus cash to its shareholders holding Equity Shares broadly in proportion to their shareholding, thereby, enhancing the overall return to shareholders. 
  1. The Buyback may help in improving return on equity, by the reduction in the equity base, thereby leading to a long-term increase in shareholders’ value. 

Company Contact Information

Dhanuka Agritech Limited
82, Abhinash Mansion,
First Floor, Joshi Road, Karol Bagh,
New Delhi-110005

Phone: +91-11-23534551
Email: Investors@dhanuka.com
Websitehttp://investors@dhanuka.com

Dhanuka Agritech Buyback Registrar

  1. Bigshare Services Pvt Ltd
       1st Floor, Bharat Tin Works Building,
       Opp. Vasant Oasis,Makwana Road,
       Marol, Andheri(E), Mumbai – 400 059

    Phone: +91-22-6263 8200
    Email: buybackoffer@bigshareonline.com
    Websitehttp://www.bigshareonline.com

Dhanuka Agritech Buyback Manager

Lead Manager(s)

  1. Sundae Capital Advisors

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