Arex Industries of ₹7.02 crores approved by the board of directors at the meeting was held on August 6, 2024. Arex Industries 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 ₹10 each equity share at a price of ₹195 per Equity Share and for an aggregate amount not exceeding ₹7.02 crores from the shareholders. Check out Arex Industries Buyback 2024 details below:
Arex was founded in 1989 by Mr. Dinesh Bilgi. The company is a leading provider of woven labels and focuses on branding and quality. They have a wide variety of services that guarantee the labels are representative of the company’s character and image. The company’s modern computerized facility produces 414 million woven labels annually, including satin and taffeta qualities. These labels can be customized in up to twelve colors and widths of up to 500 millimeters. More than 120 highly trained employees work together here to make sure their clients receive excellent service characterized by superior quality, timeliness, and tailor-made solutions.
Arex Industries History
- NA
Arex Industries Buyback 2024 Dates
| Buyback Meeting Date: | August 6, 2024 |
| Buyback Announcement Date: | August 6, 2024 |
| Buyback Record Date: | September 7, 2024 |
| Last Date to Buy Shares: | September 5, 2024 |
| Buyback Open Date: | September 12, 2024 |
| Buyback Close Date: | September 19, 2024 |
| Finalization of Buyback Acceptance: | September 26, 2024 |
Arex Industries Buyback 2024 Offer Details
Arex Industries of 360,000 equity shares at a price of ₹195 per equity share. The buyback offers not to exceed ₹7.02 crores of the total buyback offer size.
| Offer Amount: | ₹7.02 Crores |
| Number of Shares: | 360,000 Equity Shares |
| Face Value: | ₹10 per equity share |
| Buyback Price: | ₹195 per equity share |
| Listing: | BSE |
| Buyback Type: | Tender Offer |
| Letter of Offer: | Click Here |
Arex Industries Buyback 2024 Acceptance Ratio
The investor should buy around 1025 shares at a current market price of ₹190 (as of date). The calculation will be ₹2,00,000 / ₹195 buyback price = 1025 shares.
| Acceptance Ratio | Investment | Shares Buyback | Profit |
| 33% | ₹185525 | 338 | ₹4732 |
| 50% | ₹185525 | 512 | ₹7168 |
| 75% | ₹185525 | 769 | ₹10766 |
| 100% | ₹185525 | 1025 | ₹14350 |
Arex Industries Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2022 | ₹53.82 | ₹49.17 | ₹3.70 |
| 2023 | ₹45.16 | ₹44.15 | ₹0.70 |
| 2024 | ₹51.10 | ₹47.41 | ₹2.54 |
How to Participate in Arex Industries Buyback 2024
The investors are eligible for the buyback scheme who have Arex Industries shares in their Demat Account as the Record Date. Eligible Share Holders can participate in the Arex Industries Buyback 2024 scheme as per the opening form by selling their shares. The payment will be given as per the Arex Industriesepted shares by the company under the Arex Industries scheme.
Arex Industries Buyback 2024 Registrar
Link Intime India Private Ltd
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/initial_offer/public-issues.html
Arex Industries Buyback 2024 Lead Managers
- Interactive Financial Services Ltd
Arex Industries Company Address
Arex Industries Limited
612,GLD.C. Estate,
Chhatral, Tal. Kalol
Dist. Gandhinagar-382729
Phone: +91 2764 233437
Email: [email protected]
Website: https://www.arex.co.in/
How to Apply the Arex Industries 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 “Arex Industries”. Click on Place Order. Enter your Quantity and submit Arex Industries Application Form.
How to Apply the Arex Industries through Upstox?
Log in to Upstox Application with your credentials. Select the Arex Industries. You will see the Company Name “Arex Industries”. Click on Arex Industries Stock for Buyback. Enter your Quantity and submit Arex Industries Application Form.
How to Apply the Arex Industries through Arex Industries Paytm Money?
Log in to Paytm Money Application with your credentials. Select the Arex Industries. Enter your Quantity and submit Arex Industries Application Form.
