Adani Ports Buyback 2019 Record Date, Buyback Price & Details

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Adani Ports & SEZ Limited (APSEZ) is one of the largest port operator in India. The company is a part of Adani Group. They also known as Mundra Port and Special Economic Zone Limited before but changed to Adani Ports and Special Economic Zone Limited in 2012. They are operating currently in 10 ports Mundra Gujarat, Hazira Gujarat, Dahej Gujarat, Tuna Port Gujarat (Terminal), Mormugao Port Trust Goa (Terminal), Vizag Andhra Pradesh (Terminal), Kattupalli Tamil Nadu, Ennore Tamil Nadu (Terminal), Dhamra Odisha and Vizhinjam Kerala.

Adani Ports Buy Back 2019 Offer Details:

 Buyback Record Date:
  21-June-2019
 Board Meeting Approval:  04-June-2019
 Public Announcement:  04-June-2019
 Buyback Offer:  ₹1960 Crore
 Buyback Offer Size:  1.90%
 Number of Shares:
  3.92 Crore
 Share Face Value:
  ₹2
 Buyback Price:  ₹500
 Buyback Type:  Tender Offer

Adani Ports buyback of 3.92 Crore equity shares which is around 1.90% of all the existing number of equity shares at a price of ₹500 per equity share. The buyback offer not exceeding of ₹1960 crore of total buyback offer size.

Adani Ports Buyback Eligible Share Holders:
The investors are eligible of the buyback scheme who have Adani Ports shares in their Demat account as record date 21-June-2019. Investors can participate in the Adani Ports 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 Adani Ports buyback scheme.

Checkout Current Adani Ports Shares market price on NSE and BSE: Adani Ports Live Quote

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

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