Dhanuka Agritech of ₹100 crores approved by the board of directors at the meeting was held on August 2, 2024. Dhanuka Agritech 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 ₹2000 per Equity Share and for an aggregate amount not exceeding ₹100 crores from the shareholders. Check out Dhanuka Agritech Buyback 2024 details below:
Dhanuka Agritech Limited is a leading agri-input company in India. It has been identified by Forbes as one of the “200 Best Under A Billion Companies in the Asia Pacific” and it is listed on the Bombay Stock Exchange and the National Stock Exchange of India. The company has received numerous awards, including “Company of the Year” in the Agrochemical Category by FICCI and “Great Place to Work” for 2018–19. Dhanuka has a strong presence throughout India. It works with 7,5,000 dealers and 6,500 distributors across eight branch offices, three manufacturing facilities, and 39 warehouses. Dhanuka’s products include herbicides, insecticides, fungicides, and plant growth regulators, which are useful for major crops in India.
Dhanuka Agritech History
- N/A
Dhanuka Agritech Buyback 2024 Dates
| Buyback Meeting Date: | August 2, 2024 |
| Buyback Announcement Date: | August 2, 2024 |
| Buyback Record Date: | August 16, 2024 |
| Last Date to Buy Shares: | August 14, 2024 |
| Buyback Open Date: | August 22, 2024 |
| Buyback Close Date: | August 28, 2024 |
| Finalization of Buyback Acceptance: | September 3, 2024 |
Dhanuka Agritech Buyback 2024 Offer Details
Dhanuka Agritech of 500,000 equity shares at a price of ₹2000 per equity share. The buyback offers not to exceed ₹100 crores of the total buyback offer size.
| Offer Amount: | ₹100 Crores |
| Number of Shares: | 500,000 Equity Shares |
| Face Value: | ₹2 per equity share |
| Buyback Price: | ₹2000 per equity share |
| Listing: | BSE, NSE |
| Buyback Type: | Tender Offer |
| Letter of Offer: | Click Here |
Dhanuka Agritech Buyback 2024 Acceptance Ratio
The investor should buy around 100 shares at a current market price of ₹1822 (as of date). The calculation will be ₹2,00,000 / ₹2000 buyback price = 100 shares.
| Acceptance Ratio | Investment | Shares Buyback | Profit |
| 33% | ₹182100 | 33 | ₹5907 |
| 50% | ₹182100 | 50 | ₹8950 |
| 75% | ₹182100 | 75 | ₹13425 |
| 100% | ₹182100 | 100 | ₹17900 |
Dhanuka Agritech Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2022 | ₹1,511.36 | ₹1,233.88 | ₹208.78 |
| 2023 | ₹1,744.98 | ₹1,442.25 | ₹233.51 |
| 2024 | ₹1,793.50 | ₹1,474.75 | ₹239.09 |
How to Participate in Dhanuka Agritech Buyback 2024
The investors are eligible for the buyback scheme who have Dhanuka Agritech shares in their Demat Account as the Record Date. Eligible Share Holders can participate in the Dhanuka Agritech Buyback 2024 scheme as per the opening form by selling their shares. The payment will be given as per the Dhanuka Agritechepted shares by the company under the Dhanuka Agritech scheme.
Dhanuka Agritech Buyback 2024 Registrar
Bigshare Services Pvt Ltd
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis, Makwana Road,
Marol, Andheri(E), Mumbai – 400 059
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/ipo_status.html
Dhanuka Agritech Buyback 2024 Lead Managers
- Sundae Capital Advisors
Dhanuka Agritech Company Address
Dhanuka Agritech Limited
Global Gateway Towers,
Near Guru Dronacharya Metro Station,
MG Road, Gurugram – 122002
Phone: +91-124-434-5000
Email: [email protected]
Website: http://www.dhanuka.com/
How to Apply the Dhanuka Agritech 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 “Dhanuka Agritech”. Click on Place Order. Enter your Quantity and submit Dhanuka Agritech Application Form.
How to Apply the Dhanuka Agritech through Upstox?
Log in to Upstox Application with your credentials. Select the Dhanuka Agritech. You will see the Company Name “Dhanuka Agritech”. Click on Dhanuka Agritech Stock for Buyback. Enter your Quantity and submit Dhanuka Agritech Application Form.
How to Apply the Dhanuka Agritech through Dhanuka Agritech Paytm Money?
Log in to Paytm Money Application with your credentials. Select the Dhanuka Agritech. Enter your Quantity and submit Dhanuka Agritech Application Form.
