Ajanta Pharma Buyback 2019 Record Date, Buyback Price & Details

Ajanta Pharma Limited (APL) is a multinational company based in India incorporated in 1973. The company is a manufacturer, developer and marketer of pharmaceutical formulations. They have presence worldwide in 30 countries includes Africa, Asia, Middle East, and CIS. They have over 1400 product registered in various countries. Ajanta Pharma reported 2155 crore revenues in 2017-2018. They have over 6500 employees working with the company across the globe. The subsidiaries includes Ajanta Pharma (Mauritius) Ltd, Ajanta Pharma Philippines Inc., Ajanta Pharma USA Inc.

Ajanta Pharma Buy Back 2019 Offer Details:

Buyback Record Date:	12-Feb-2019
Board Meeting Approval:	30-Jan-2019
Public Announcement:	30-Jan-2019
Buyback Offer:	Rs.100 Crore
Buyback Offer Size:	5.22%
Number of Shares:	7,69,230
Share Face Value:	Rs.10
Buyback Price:	Rs.1300
Buyback Type:	Tender Offer

Ajanta Pharma buyback of 7,69,230 equity shares which is around 5.22% of all the existing number of equity shares at a price of Rs.1300 per equity share. The buyback offer not exceeding of Rs.100 crore of total buyback offer size.

Ajanta Pharma Buyback Eligible Share Holders:
The investors are eligible of the buyback scheme who have Ajanta Pharma shares in their Demat account as record date 12-February-2019. Investors can participate in the Ajanta Pharma 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 Ajanta Pharma buyback scheme.

Checkout Current Ajanta Pharma Shares market price on NSE and BSE: Ajanta Pharma Live Quote

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