Balrampur Chini Buyback 2019 Record Date, Buyback Price & Details

IPO Initial Public Offerings

Balrampur Chini Mills Limited is one of the largest sugar manufacturer in India based in Kolkata. The company was incorporated in 1975. The company wholly owned subsidiary company of Balrampur Sugar Company Limited. They has capacity of 76,500 tonnes per day cane crushing and distillery capacity of 360 KL per day and saleable co-generation capacity of 163.20 megawatts.

Balrampur Chini Buy Back 2019 Offer Details:

 Buyback Record Date:
  18-Apr-2019
 Board Meeting Approval:  05-Apr-2019
 Public Announcement:  05-Apr-2019
 Buyback Offer:  Rs.147.67 Crore
 Buyback Offer Size:  3.69%
 Number of Shares:
  84,38,327
 Share Face Value:
  Rs.1
 Buyback Price:  Rs.175
 Buyback Type:  Tender Offer

Balrampur Chini buyback of 84,38,327 equity shares which is around 3.69% of all the existing number of equity shares at a price of Rs.175 per equity share. The buyback offer not exceeding of Rs.147.67 crore of total buyback offer size.

Balrampur Chini Buyback Eligible Share Holders:
The investors are eligible of the buyback scheme who have Balrampur Chini shares in their Demat account as record date 18-April-2019. Investors can participate in the Balrampur Chini Buyback 2019 scheme as per the opening form by selling your shares. The payment will be given as per the accepted shares by the company under the Balrampur Chini buyback scheme.

Checkout Current Balrampur Chini Shares market price on NSE and BSE: Balrampur Chini Live Quote

Note: If anything you want to know about the buyback offer you can refer the Balrampur Chini buyback offer documents.

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