Aurobindo Pharma of ₹750 crores approved by the board of directors at the meeting was held on July 18, 2024. Aurobindo Pharma will be done via the Tender Offer route through the stock exchange mechanism. The board of directors of the company approved the buyback by the Company of its fully paid-up equity shares having a face value of ₹1 each equity share at a price of ₹1460 per Equity Share and for an aggregate amount not exceeding ₹750 crores from the shareholders. Check out Aurobindo Pharma Buyback 2024 details below:
Aurobindo Pharma Limited headquartered at Hyderabad, India, develops, manufactures, and distributes generic pharmaceuticals, branded specialty pharmaceuticals and active pharmaceutical ingredients. The companies around 25 manufacturing facilities are approved by several leading regulatory agencies like US FDA, UK MHRA, EU, Japan PMDA, WHO, Health Canada, South Africa MCC, Brazil ANVISA. The company’s robust product portfolio is spread over therapeutic/product areas encompassing CNS, Anti-Retroviral, CVS, Antibiotics, Gastroenterological, Anti-Diabetics and Anti-Allergic, supported by a strong R&D set-up. The Company is marketing these products globally in over 150 countries.
Aurobindo Pharma History
- N/A
Aurobindo Pharma Buyback 2024 Dates
| Buyback Meeting Date: | July 18, 2024 |
| Buyback Announcement Date: | July 18, 2024 |
| Buyback Record Date: | July 30, 2024 |
| Last Date to Buy Shares: | July 29, 2024 |
| Buyback Open Date: | August 5, 2024 |
| Buyback Close Date: | August 9, 2024 |
| Finalization of Buyback Acceptance: | August 16, 2024 |
Aurobindo Pharma Buyback 2024 Offer Details
Aurobindo Pharma of 5,136,986 equity shares at a price of ₹1460 per equity share. The buyback offers not to exceed ₹750 crores of the total buyback offer size.
| Offer Amount: | ₹750 Crores |
| Number of Shares: | 5,136,986 Equity Shares |
| Face Value: | ₹1 per equity share |
| Buyback Price: | ₹1460 per equity share |
| Listing: | BSE, NSE |
| Buyback Type: | Tender Offer |
| Letter of Offer: | Click Here |
Aurobindo Pharma Buyback 2024 Acceptance Ratio
The investor should buy around 137 shares at a current market price of ₹1371 (as of date). The calculation will be ₹2,00,000 / ₹1460 buyback price = 137 shares.
| Acceptance Ratio | Investment | Shares Buyback | Profit |
| 33% | ₹185909 | 45 | ₹4635 |
| 50% | ₹185909 | 68 | ₹7004 |
| 75% | ₹185909 | 103 | ₹10609 |
| 100% | ₹185909 | 137 | ₹14111 |
Aurobindo Pharma Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2022 | ₹11958.13 | ₹10245.94 | ₹1454.71 |
| 2023 | ₹13226.04 | ₹11611.69 | ₹1230.41 |
| 2024 | ₹11261.70 | ₹8858.78 | ₹1954.14 |
How to Participate in Aurobindo Pharma Buyback 2024
The investors are eligible for the buyback scheme who have Aurobindo Pharma shares in their Demat Account as the Record Date. Eligible Share Holders can participate in the Aurobindo Pharma Buyback 2024 scheme as per the opening form by selling their shares. The payment will be given as per the Aurobindo Pharmaepted shares by the company under the Aurobindo Pharma scheme.
Aurobindo Pharma Buyback 2024 Registrar
Kfin Technologies Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India – 500 032.
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/
Aurobindo Pharma Buyback 2024 Lead Managers
- Axis Capital Limited
Aurobindo Pharma Company Address
Aurobindo Pharma Limited
Galaxy, Floors: 22-24, Plot No.1, Survey No.83/1,
Hyderabad Knowledge City, Raidurg Panmaktha,
Ranga Reddy District, Hyderabad – 500 032
Phone: +91 40 6672 5000
Email: [email protected]
Website: http://www.aurobindo.com/
How to Apply the Aurobindo Pharma through Zerodha?
Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on Corporate Actions. You will see the Company Name “Aurobindo Pharma”. Click on Place Order. Enter your Quantity and submit Aurobindo Pharma Application Form.
How to Apply the Aurobindo Pharma through Upstox?
Log in to Upstox Application with your credentials. Select the Aurobindo Pharma. You will see the Company Name “Aurobindo Pharma”. Click on Aurobindo Pharma Stock for Buyback. Enter your Quantity and submit Aurobindo Pharma Application Form.
How to Apply the Aurobindo Pharma through Aurobindo Pharma Paytm Money?
Log in to Paytm Money Application with your credentials. Select the Aurobindo Pharma. Enter your Quantity and submit Aurobindo Pharma Application Form.
