Kaveri seeds Buyback: It is India’s largest agriculture company specialising in Hybrid Seeds for Key Indian crops. The diversified array of seeds caters to key crop categories to enable crops for varied agroclimate and soil conditions. There are more than 1,000,000 producing growers on 65,000 acres of land spread throughout 12 different agro-climatic zones. Vegetables and field crops are included in the company’s product line.
In addition to developing a network of more than 100,000 producing growers spread across 12 distinct agro-climatic zones, Kaveri Seeds LTD also established satellite centers for rice in Lucknow and vegetables in Guntur on more than 600 acres of dedicated research land. The business has a network of 40,000+ dealers, 17 cutting-edge production facilities, and a network of 1.00000+ farmers.
On October 27, 2022, Kaveri Seed Company Ltd. reported that a maximum share purchase of 125.6 crore rupees at a maximum buyback price of 700 rupees per share had been approved.
Kaveri Seed Buyback 2022 Details
| Issue Period | Nov 7, 2022 – May 6, 2023 |
| Security Name | Kaveri Seed Company Ltd |
| Issue Type | Open Market Through Stock Exchange |
| Issue Size (Amount) | ₹125.65 Crores |
| Buyback Price | ₹700 per share |
| Face Value | ₹2 per share |
| Listing At | BSE, NSE |
Dhanuka Agritech Buyback: Important Dates & Details
Kaveri Seed Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus |
| 31-Mar-21 | 1961.86 | 1082.05 | 311.21 | 1294.28 | 1282.62 |
| 31-Mar-22 | 1880.05 | 1011.26 | 212.8 | 1262.07 | 1250.01 |
Kaveri Seed Buyback 2022 Objectives
The fund will be used for the following objectives:
1. The Buy-back is being undertaken by the Company to return surplus funds to the equity shareholders of the Company.
2. The Company believes that the Buy-back will improve return on equity, by reducing in equity base, thereby leading to a long-term increase in the value of shareholders.
Company Contact Information
Kaveri Seed Company Ltd
513 B, 5th Floor, Minerva Complex,
S.D.Road,
Secunderabad -500003
Phone: 040 – 27721457
Email: info@kaveriseeds.in
Website: https://www.kaveriseeds.in/
Kaveri Seed Buyback 2022 Registrar
- 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:
Website: http://www.bigshareonline.com
Kaveri Seed Buyback 2022 Manager
Lead Manager(s)
- Bajaj Capital Limited
