Bajaj Consumer Care of ₹166.49 crores approved by the board of directors at the meeting was held on May 8, 2024. Bajaj Consumer Care 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 ₹1 each equity share at a price of ₹290 per Equity Share and for an aggregate amount not exceeding ₹166.49 crores from the shareholders. Check out Bajaj Consumer Care Buyback 2024 details below:
Bajaj Consumer Care Limited (BCCL) is one of India’s leading FMCG companies with a sizable presence in the hair oil & skincare market with experience for over 70 years in the Indian Market. With our wide range of hair, beauty, and personal care products, we’re the secret behind countless smiles and untold happiness for generations of Indians spread across the world. Part of the storied Bajaj Group, Bajaj Consumer Care owns the iconic Bajaj Almond Drops Hair Oil and Nomarks – brands that not only lead their categories but also reflect our unwavering commitment to quality, trust, and constant innovation. We will take measured risks, conquer challenges, and continue to differentiate through our products.
Bajaj Consumer Care History
- N/A
Bajaj Consumer Care Buyback 2024 Dates
| Buyback Meeting Date: | May 8, 2024 |
| Buyback Announcement Date: | May 8, 2024 |
| Buyback Record Date: | July 2, 2024 |
| Last Date to Buy Shares: | July 1, 2024 |
| Buyback Open Date: | July 9, 2024 |
| Buyback Close Date: | July 11, 2024 |
| Finalization of Buyback Acceptance: | July 16, 2024 |
Bajaj Consumer Care Buyback 2024 Offer Details
Bajaj Consumer Care of 57,41,000 equity shares at a price of ₹290 per equity share. The buyback offers not to exceed ₹166.49 crores of the total buyback offer size.
| Offer Amount: | ₹166.49 Crores |
| Number of Shares: | 57,41,000 Equity Shares |
| Face Value: | ₹1 per equity share |
| Buyback Price: | ₹290 per equity share |
| Listing: | BSE, NSE |
| Buyback Type: | Tender Offer |
| Letter of Offer: | Click Here |
Bajaj Consumer Care Buyback 2024 Acceptance Ratio
The investor should buy around 689 shares at a current market price of ₹261 (as of date). The calculation will be ₹2,00,000 / ₹290 buyback price = 689 shares.
| Acceptance Ratio | Investment | Shares Buyback | Profit |
| 33% | ₹179829 | 227 | ₹6583 |
| 50% | ₹179829 | 344 | ₹9976 |
| 75% | ₹179829 | 517 | ₹14993 |
| 100% | ₹179829 | 689 | ₹19981 |
Bajaj Consumer Care Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹922 | ₹678 | ₹223 |
| 2022 | ₹880 | ₹706 | ₹170 |
| 2023 | ₹961 | ₹820 | ₹139 |
How to Participate in Bajaj Consumer Care Buyback 2024
The investors are eligible for the buyback scheme who have Bajaj Consumer Care shares in their Demat Account as the Record Date. Eligible Share Holders can participate in the Bajaj Consumer Care Buyback 2024 scheme as per the opening form by selling their shares. The payment will be given as per the Shervani Industrial Syndicateepted shares by the company under the Bajaj Consumer Care scheme.
Bajaj Consumer Care Buyback 2024 Registrar
Kfin Technologies Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India – 500 032.
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/
Bajaj Consumer Care Buyback 2024 Lead Managers
- Iifl Securities Ltd
Bajaj Consumer Care Company Address
Old Station Road, Scvashram Chouraha,
Udaipur – 313001
Phone: +0294-2561631 -32
Email: [email protected]
Website: http://www.bajajconsumercare.com/
How to Apply the Bajaj Consumer Care 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 “Bajaj Consumer Care”. Click on Place Order. Enter your Quantity and submit Bajaj Consumer Care Application Form.
How to Apply the Bajaj Consumer Care through Upstox?
Log in to Upstox Application with your credentials. Select the Bajaj Consumer Care. You will see the Company Name “Bajaj Consumer Care”. Click on Bajaj Consumer Care Stock for Buyback. Enter your Quantity and submit Bajaj Consumer Care Application Form.
How to Apply the Bajaj Consumer Care through Bajaj Consumer Care Paytm Money?
Log in to Paytm Money Application with your credentials. Select the Bajaj Consumer Care. Enter your Quantity and submit Bajaj Consumer Care Application Form.
