Eclerx Buyback 2019 Record Date, Buyback Price & Details

Eclerx Service Limited is an IT consulting & outsourcing multinational company based in Mumbai and Pune. The company founded in 2000 by Anjan Malik and PD Mundhra. They have over 8500 employees working with company. They acquired Agilyst Inc to grow its footprint in the U.S. cable and telecom industry. eClerx provides critical business operations services to over fifty global Fortune 500 clients. The clients includes world’s leading companies in segments like financial services, cable, telecommunications, retail, fashion, media & entertainment, manufacturing, travel and leisure, software and high-tech.

Eclerx Buy Back 2019 Offer Details:

Buyback Record Date:	10-May-2019
Board Meeting Approval:	14-Mar-2019
Public Announcement:	14-Mar-2019
Buyback Offer:	Rs.262 Crore
Buyback Offer Size:	24.95%
Number of Shares:	16,37,500
Share Face Value:	Rs.10
Buyback Price:	Rs.1600
Buyback Type:	Tender Offer

Eclerx buyback of 16,37,500 equity shares which is around 24.95% of all the existing number of equity shares at a price of Rs.1600 per equity share. The buyback offer not exceeding of Rs.262 crore of total buyback offer size.

Eclerx Buyback Eligible Share Holders:
The investors are eligible of the buyback scheme who have Eclerx shares in their Demat account as record date 10-May-2019. Investors can participate in the Eclerx Buyback 2019 scheme as per the opening form by selling your shares. The payment will be given as per the accepted shares by the company under the Eclerx buyback scheme.

Checkout Current Eclerx Shares market price on NSE and BSE: Eclerx Live Quote

Note: If anything you want to know about the buyback offer you can refer the Eclerx buyback offer documents.