Atul buyback 2022 was announced on 25 March 2022. The Atul buyback record date is not fixed as it’s an open market offer. The investor should buy the Atul shares on or before the record date to get the eligibility for the buyback. Check out Atul Buyback 2022 details below given:
Atul Buyback Record Date 2022 & Time Table
| Buyback Meeting Date: | 25 March 2022 |
| Buyback Announcement Date: | 25 March 2022 |
| Buyback Record Date: | Open Market Offer |
| Buyback Open Date: | 07 April 2022 |
| Buyback Close Date: | 04 October 2022 |
| Finalization of Buyback Acceptance: | 2022 |
Atul Buyback 2022 Offer Details
| Offer Amount: | ₹70 Crores |
| Number of Shares: | 63,636 Shares |
| Face Value: | ₹10 per equity share |
| Buyback Price: | ₹11000 per equity share |
| Listing: | BSE & NSE |
| Buyback Type: | Open Market Offer |
About Company – Atul Limited
Atul Ltd (Atul) is an integrated chemical company. The company was founded by Kasturbhai Lalbhai in 1947. They manufacture over 900 products and 400 formulations with around 140 retail brands. Their subsidiaries are in the USA, UK, China, Brazil, and the UAE. Atul established successful joint venture companies with world-renowned multi-national companies namely American Cyanamid Company (now a part of BASF AG and Pfizer Inc) in 1947, Imperial Chemical Industries plc (now a part of Akzo Nobel and Astra Zeneca plc) in 1955, and Ciba-Geigy Ltd (now a part of BASF AG and Huntsman Corporation) in 1960. Their registered office is in Ahmedabad, Gujarat, and the head office is also in Gujarat, India.
Atul Buyback 2022 Acceptance Ratio (Estimated)
| Acceptance Ratio | Investment | Shares Buyback | Profit |
| 33% | ₹186,516 | 5 | ₹3,190 |
| 50% | ₹186,516 | 9 | ₹5,742 |
| 75% | ₹186,516 | 13 | ₹8,294 |
| 100% | ₹186,516 | 18 | ₹11,484 |
Atul Financial Report
| ₹ in Crores | |||||
| Revenue | Expense | PAT | |||
| 2019 | ₹3947 | ₹3183 | ₹428.64 | ||
| 2020 | ₹3983 | ₹3064 | ₹640.17 | ||
| 2021 | ₹3616 | ₹2668 | ₹630.89 | ||
Atul Buyback 2022 Eligibility & How to Apply
Atul Buyback 2022 Registrar
Atul Buyback 2022 Lead Managers
- Vivro Financial Services Private Limited
Atul Company Address
Atul Buyback 2022 FAQs
Note: If anything you want to know about the buyback offer you can refer to the Atul buyback offer documents.
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