Chambal Fertilisers of ₹700 crores approved by the board of directors at the meeting was held on January 8, 2024. Chambal Fertilisers 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 ₹450 per Equity Share and for an aggregate amount not exceeding ₹700 crores from the shareholders. Check out Chambal Fertilisers Buyback 2024 details below:
Chambal Fertilisers and Chemicals Limited accounts for nearly 13% of the total Urea produced in the country. For more than two decades, the company has contributed to the country’s food security with responsibility. Its three hi-tech nitrogenous fertilizer (urea) plants are located at Gadepan in the Kota district of Rajasthan. The three plants have an installed annual production capacity of about 3.4 million MT of Urea contributing to a major chunk of Urea consumed in leading agri states in India. These plants were commissioned in 1994, 1999, and 2019 respectively. These plants use state-of-the-art technology from Denmark, Italy, the United States, and Japan.
Chambal Fertilisers History
- N/A
Chambal Fertilisers Buyback 2024 Dates
| Buyback Meeting Date: | January 8, 2024 |
| Buyback Announcement Date: | January 8, 2024 |
| Buyback Record Date: | January 18, 2024 |
| Last Date to Buy Shares: | January 17, 2024 |
| Buyback Open Date: | January 24, 2024 |
| Buyback Close Date: | January 31, 2024 |
| Finalization of Buyback Acceptance: | February 6, 2024 |
Chambal Fertilisers Buyback 2024 Offer Details
Chambal Fertilisers of 15,555,555 equity shares at a price of ₹450 per equity share. The buyback offers not to exceed ₹700 crores of the total buyback offer size.
| Offer Amount: | ₹700 Crores |
| Number of Shares: | 15,555,555 Equity Shares |
| Face Value: | ₹10 per equity share |
| Buyback Price: | ₹450 per equity share |
| Listing: | BSE, NSE |
| Buyback Type: | Tender Offer |
| Letter of Offer: | Click Here |
Chambal Fertilisers Buyback 2024 Acceptance Ratio
The investor should buy around 444 shares at a current market price of ₹380 (as of date). The calculation will be ₹2,00,000 / ₹450 buyback price = 444 shares.
| Acceptance Ratio | Investment | Shares Buyback | Profit |
| 33% | ₹168,720 | 146 | ₹10,220 |
| 50% | ₹168,720 | 222 | ₹15,540 |
| 75% | ₹168,720 | 333 | ₹23,310 |
| 100% | ₹168,720 | 444 | ₹31,080 |
Chambal Fertilisers Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹12,206 | ₹10,281 | ₹1,226 |
| 2022 | ₹12,719 | ₹10,249 | ₹1,748 |
| 2023 | ₹16,069 | ₹13,804 | ₹1,566 |
How to Participate in Chambal Fertilisers Buyback 2024
The investors are eligible for the buyback scheme who have Chambal Fertilisers shares in their Demat Account as the Record Date. Eligible Share Holders can participate in the Chambal Fertilisers Buyback 2024 scheme as per the opening form by selling their shares. The payment will be given as per the Chambal Fertilisersepted shares by the company under the Chambal Fertilisers scheme.
Chambal Fertilisers Buyback 2024 Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/
Chambal Fertilisers Buyback 2024 Lead Managers
- Axis Capital Limited
Chambal Fertilisers Company Address
Chambal Fertilisers and Chemicals Limited
Corporate One, First Floor
Commercial Centre, Jasola
New Delhi – 110 025
Phone: 91-744-2782915
Email: [email protected]
Website: https://chambalfertilisers.com/
How to Apply the Chambal Fertilisers 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 “Chambal Fertilisers”. Click on Place Order. Enter your Quantity and submit Chambal Fertilisers Application Form.
How to Apply the Chambal Fertilisers through Upstox?
Log in to Upstox Application with your credentials. Select the Chambal Fertilisers. You will see the Company Name “Chambal Fertilisers”. Click on Chambal Fertilisers Stock for Buyback. Enter your Quantity and submit Chambal Fertilisers Application Form.
How to Apply the Chambal Fertilisers through Chambal Fertilisers Paytm Money?
Log in to Paytm Money Application with your credentials. Select the Chambal Fertilisers. Enter your Quantity and submit Chambal Fertilisers Application Form.
