Chaman Lal Setia Exports of ₹60.24 crores approved by the board of directors at the meeting was held on August 6, 2024. Chaman Lal Setia Exports 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 ₹2 each equity share at a price of ₹300 per Equity Share and for an aggregate amount not exceeding ₹60.24 crores from the shareholders. Check out Chaman Lal Setia Exports Buyback 2024 details below:
In 1974, Chaman Lal Setia Exports Ltd. was founded in Amritsar, Punjab. The company is a significant producer and exporter of basmati rice, best known for its main brand “Maharani”. The company has a strong presence in the rice-growing areas of Amritsar, Karnal, and Delhi. This allows its research team to monitor market trends and respond quickly. With a portfolio of 272 private labels and an extensive network spanning 83 countries, the company has built a reputation for fair business practices, integrity, and trust. Chaman Lal Setia Exports Ltd., a three-star export house, is dedicated to innovation and has maintained its position as one of India’s most trusted basmati rice companies by offering diabetic-friendly rice and dry heat-parboiled rice.
Chaman Lal Setia Exports History
- N/A
Chaman Lal Setia Exports Buyback 2024 Dates
| Buyback Meeting Date: | August 6, 2024 |
| Buyback Announcement Date: | August 6, 2024 |
| Buyback Record Date: | August 19, 2024 |
| Last Date to Buy Shares: | August 16, 2024 |
| Buyback Open Date: | August 23, 2024 |
| Buyback Close Date: | August 29, 2024 |
| Finalization of Buyback Acceptance: | September 4, 2024 |
Chaman Lal Setia Exports Buyback 2024 Offer Details
Chaman Lal Setia Exports of 2,007,930 equity shares at a price of ₹300 per equity share. The buyback offers not to exceed ₹60.24 crores of the total buyback offer size.
| Offer Amount: | ₹60.24 Crores |
| Number of Shares: | 2,007,930 Equity Shares |
| Face Value: | ₹2 per equity share |
| Buyback Price: | ₹300 per equity share |
| Listing: | BSE, NSE |
| Buyback Type: | Tender Offer |
| Letter of Offer: | Click Here |
Chaman Lal Setia Exports Buyback 2024 Acceptance Ratio
The investor should buy around 666 shares at a current market price of ₹224 (as of date). The calculation will be ₹2,00,000 / ₹300 buyback price = 666 shares.
| Acceptance Ratio | Investment | Shares Buyback | Profit |
| 33% | ₹148518 | 220 | ₹16940 |
| 50% | ₹148518 | 333 | ₹25641 |
| 75% | ₹148518 | 500 | ₹38500 |
| 100% | ₹148518 | 666 | ₹51282 |
Chaman Lal Setia Exports Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2022 | ₹936.36 | ₹59,126 | ₹64.98 |
| 2023 | ₹1,398.82 | ₹61,581 | ₹117.67 |
| 2024 | ₹1,365.20 | ₹76,240 | ₹115.64 |
How to Participate in Chaman Lal Setia Exports Buyback 2024
The investors are eligible for the buyback scheme who have Chaman Lal Setia Exports shares in their Demat Account as the Record Date. Eligible Share Holders can participate in the Chaman Lal Setia Exports Buyback 2024 scheme as per the opening form by selling their shares. The payment will be given as per the Chaman Lal Setia Exportsepted shares by the company under the Chaman Lal Setia Exports scheme.
Chaman Lal Setia Exports Buyback 2024 Registrar
Beetal Financial & Computer Services (P) Limited
Beetal House, 3rd Floor,
99, Madangir, Behind Local Shopping Centre,
New Delhi – 110062
Phone: +91 11 29961281
Email: [email protected]
Website: http://www.beetalmail.com/smeipo
Chaman Lal Setia Exports Buyback 2024 Lead Managers
- Corporate Professionals Capital Private Ltd
Chaman Lal Setia Exports Company Address
Chaman Lal Setia Exports Limited
No. 472, Udyog Vihar, Phase -3,
Near Wipro & Educom Building,
Gurugram – 122016
Phone: +91-124-4745900
Email: [email protected]
Website: http://www.maharanirice.in/
How to Apply the Chaman Lal Setia Exports 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 “Chaman Lal Setia Exports”. Click on Place Order. Enter your Quantity and submit Chaman Lal Setia Exports Application Form.
How to Apply the Chaman Lal Setia Exports through Upstox?
Log in to Upstox Application with your credentials. Select the Chaman Lal Setia Exports. You will see the Company Name “Chaman Lal Setia Exports”. Click on Chaman Lal Setia Exports Stock for Buyback. Enter your Quantity and submit Chaman Lal Setia Exports Application Form.
How to Apply the Chaman Lal Setia Exports through Chaman Lal Setia Exports Paytm Money?
Log in to Paytm Money Application with your credentials. Select the Chaman Lal Setia Exports. Enter your Quantity and submit Chaman Lal Setia Exports Application Form.
