ACC Buyback 2022 Record Date, Price & Ratio Details

ACC buyback 2022 was announced on May 15, 2022. The ACC buyback open date is August 26, 2022 and will close on September 9, 2022. ACC buyback record date is not fixed as it is an Open Market buyback offer. The investor should buy the ACC shares before the record date to get eligibility for the buyback.

ACC Buyback of ₹11,260 crores approved by the board of directors at the meeting was held on May 154, 2022. ACC Buyback will be done via the Open Market route through the stock exchange mechanism. The company’s board of directors approved the buyback by the Company of its fully paid-up equity shares having a face value of ₹10 for each equity share at a price not exceeding ₹2,300 per Equity Share and for an aggregate amount not exceeding ₹11,260 crores from the shareholders. Check out ACC Buyback 2022 details below:

ACC Limited (ACC) is one of the leading players in the Indian building materials space and Indian cement producer, headquartered in Mumbai. It is a subsidiary of Ambuja Cements and a part of the Adani Group. The Associated Cement Companies Limited was changed to ACC Limited in 2006. They are a manufacturer of cement and ready mixed concrete with 17 plants, 9 captive power plants, and 85 ready mix concrete plants. They have over 6500 employees working with the company and a network of 56,000 dealers & retailers in India.

ACC Buyback 2022 Dates

ACC Buyback 2022 Offer Details

ACC buyback of 4,89,56,419 equity shares at a price of ₹2,300 per equity share. The buyback offers not to exceed ₹11,260 crores of the total buyback offer size.

ACC Buyback 2022 Acceptance Ratio

The investor should buy around 86 shares at a current market price of ₹2,115 (as of May 13, 2022). The calculation will be ₹2,00,000 / ₹2,300 buyback price = 86 shares.

ACC Financial Report

How to Participate in ACC Buyback 2022

The investors who have ACC shares in their Demat account as the Open Market are eligible for the buyback scheme. Eligible Share Holders can participate in the ACC Buyback 2022 scheme as per the opening form by selling their shares. The payment will be given as per the accepted shares by the company under the ACC buyback scheme.

ACC Buyback 2022 Registrar

Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/

ACC Buyback 2022 Lead Managers

• ICICI Securities Limited
• Deutsche Equities India Private Limited

ACC Company Address

ACC Limited
Cement House,
121 Maharshi Karve Road,
Mumbai – 400020
Phone: +91-22-3302 4291
Website: http://www.acclimited.com/

How to Apply the ACC Buyback 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 “ACC”. Click on Place Order. Enter your Quantity and submit ACC Buyback Application Form.

How to Apply the ACC Buyback through Upstox?

Log in to Upstox Application with your credentials. Select the Account Section. You will see the Company Name “ACC”. Click on ACC Stock for Buyback. Enter your Quantity and submit ACC Buyback Application Form.

How to Apply the ACC Buyback through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the ACC. Enter your Quantity and submit ACC Buyback Application Form.

ACC Buyback 2022 FAQs