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Asahi Songwon Colors Buyback 2022 Date, Record Date, Price & Acceptance Ratio

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Asahi Songwon Colors buyback 2022 is to open on June 22. Asahi Songwon Colors buyback record date is June 03, 2022. The investor should buy the Asahi Songwon Colors shares on or before the record date to get eligibility for the buyback. Check out Asahi Songwon Colors Buyback 2022 details below:

Asahi Songwon Colors

    Asahi Songwon Colors Buyback 2022 Dates

     Buyback Meeting Date: May 19, 2022
     Buyback Announcement Date: May 19, 2022
     Buyback Record Date: June 03, 2022
     Buyback Open Date: June 22, 2022
     Buyback Close Date: July 5, 2022
     Finalization of Buyback Acceptance: July 12, 2022

    Asahi Songwon Colors Buyback 2022 Offer Details

    Asahi Songwon Colors buyback of 200,000 equity shares at a price of ₹400 per equity share. The buyback offers not to exceed ₹9.60 crores of the total buyback offer size.

     Offer Amount: ₹9.60 Crores
     Number of Shares: 200,000 Equity Shares
     Face Value: ₹10 per equity share
     Buyback Price: ₹400 per equity share
     Listing: BSE & NSE
     Buyback Type: Tender Offer
     Letter of Offer: Click Here

    About Company – Asahi Songwon Colors

    Asahi Songwon Colors Ltd. is a manufacturer of pigments. Pigments are basically colourants, adding colour to everything around us, namely ink, paints, plastics, textiles, rubber, etc. Asahi Songwon Colors Ltd. is a leading player in the Indian Pigment industry and intends to become a leading manufacturer of pigments around the world. The company is in the manufacturing of CPC Beta Blue and Blue Crude, exporting substantial production to leading MNCs around the world on account of the quality of its products.

    Asahi Songwon Colors Buyback 2022 Acceptance Ratio

    The investor should buy around 500 shares at a current market price of ₹301 (as of 20 May 2022). The calculation will be ₹2,00,000 / ₹400 buyback price = 500 shares.

    Acceptance RatioInvestmentShares BuybackProfit
    33%₹150,500165₹16,335
    50%₹150,50025024,750
    75%₹150,500375₹37,125
    100%₹150,50050049,500

    Asahi Songwon Colors Financial Report

      ₹ in Crores
    YearRevenueExpensePAT
    2019₹293₹259₹18.30
    2020₹284₹252₹22.83
    2021₹285₹232₹32.94

    Asahi Songwon Colors Buyback 2022 Eligible Share Holders

    The investors are eligible for the buyback scheme who have Asahi Songwon Colors shares in their Demat account as the record date is June 03, 2022. Investors can participate in the Asahi Songwon Colors 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 Asahi Songwon Colors buyback scheme.

    Asahi Songwon Colors Buyback 2022 Registrar

    To be updated soon

    Asahi Songwon Colors Buyback 2022 Lead Managers

    • Systematix Corporate Services Limited

    Asahi Songwon Colors Company Address

    Asahi Songwon Colors Limited
    “Asahi House” 13, Aaryans Corporate Park,
    Near Shilaj Railway Crossing,
    Thaltej – Shilaj road, Thaltej, Ahmedabad, 380059
    Phone: 079 6832 5000
    Email: [email protected]
    Website: https://www.asahisongwon.com/index.html

    Asahi Songwon Colors Buyback 2022 FAQs

    When is Asahi Songwon Colors Buyback 2022 Record Date?

    Asahi Songwon Colors buyback 2022 record date is June 03, 2022.

    When is Asahi Songwon Colors Buyback 2022 Open Date?

    Asahi Songwon Colors buyback 2022 open date is June 22, 2022.

    What is Asahi Songwon Colors Buyback 2022 Price?

    The company has fixed the price at ₹400 per share.

    How to apply for Asahi Songwon Colors Buyback 2022?

    As per the record date you need to have Asahi Songwon Colors shares in your Demat account. You can participate in buyback after having the stock in your account.

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