Kaveri Seed Buyback 2022: Important Dates & Details

Kaveri Seed Buyback
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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,
Secunderabad -500003

Phone: 040 – 27721457
Email: info@kaveriseeds.in

Kaveri Seed Buyback 2022 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

Kaveri Seed Buyback 2022 Manager

Lead Manager(s)

  1. Bajaj Capital Limited


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