FDC Buyback of ₹155 crores approved by the board of directors at the meeting was held on August 9, 2023. FDC Buyback 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 ₹500 per Equity Share and for an aggregate amount not exceeding ₹155 crores from the shareholders. Check out FDC Buyback 2023 details below:
FDC is a people-oriented organization, dedicated to innovate, manufacture and market high-quality healthcare products that enhance the quality of human life all over the globe, and in turn, increase shareholders’ value. Foundationally strong credibility, reliability, integrity, trust and clarity in vision is what has defined our success since 1936. FDC organization is built on the belief that what impact they have on the world comes first, and the rest later. Being the custodians of Electral, we understand that being the first line of treatment for dehydration warrants accessibility and cost-effectiveness. FDC’s zest for excellence originates from a unified mission to make top quality healthcare that is high quality and accessible across various economic strata. Our rock-solid foundation is built to make us achieve our goal of maximizing the reach of our essential care medicines across the country and world.
FDC Buyback History
- FDC Buyback 2022
FDC Buyback 2023 Dates
| Buyback Meeting Date: | August 9, 2023 |
| Buyback Announcement Date: | August 9, 2023 |
| Buyback Record Date: | August 25, 2023 |
| Last Date to Buy Shares: | August 24, 2023 |
| Buyback Open Date: | August 31, 2023 |
| Buyback Close Date: | September 6, 2023 |
| Finalization of Buyback Acceptance: | September 13, 2023 |
FDC Buyback 2023 Offer Details
FDC buyback of 31,00,000 equity shares at a price of ₹500 per equity share. The buyback offers not to exceed ₹155 crores of the total buyback offer size.
| Offer Amount: | ₹155 Crores |
| Number of Shares: | 31,00,000 Equity Shares |
| Face Value: | ₹1 per equity share |
| Buyback Price: | ₹500 per equity share |
| Listing: | BSE and NSE |
| Buyback Type: | Open Market |
| Letter of Offer: | Click Here |
FDC Buyback 2023 Acceptance Ratio
The investor should buy around 61 shares at a current market price of ₹380 (as of date). The calculation will be ₹2,00,000 / ₹500 buyback price = [.] shares.
| Acceptance Ratio | Investment | Shares Buyback | Profit |
| 33% | ₹167,200 | 132 | ₹10,824 |
| 50% | ₹167,200 | 200 | ₹16,400 |
| 75% | ₹167,200 | 300 | ₹24,600 |
| 100% | ₹167,200 | 400 | ₹32,800 |
FDC Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2020 | ₹1331 | ₹997 | ₹301 |
| 2021 | ₹1525 | ₹1271 | ₹216 |
| 2023 | ₹1784 | ₹1533 | ₹194 |
How to Participate in FDC Buyback 2023
The investors are eligible for the buyback scheme who have FDC shares in their Demat FDCount as the on the Record Date. Eligible Share Holders can participate in the FDC Buyback 2023 scheme as per the opening form by selling their shares. The payment will be given as per the FDCepted shares by the company under the FDC buyback scheme.
FDC Buyback 2023 Registrar
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/
FDC Buyback 2023 Lead Managers
- Sundae Capital Advisors
FDC Company Address
FDC Limited
B – 8 MIDC area,
Waluj – 431 136
District – Aurangabad,
Phone: 0240 – 2554407
Email: [email protected]
Website: https://www.fdcindia.com/
How to Apply the FDC Buyback 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 “FDC”. Click on Place Order. Enter your Quantity and submit FDC Buyback Application Form.
How to Apply the FDC Buyback through Upstox?
Log in to Upstox Application with your credentials. Select the FDCount Section. You will see the Company Name “FDC”. Click on FDC Stock for Buyback. Enter your Quantity and submit FDC Buyback Application Form.
How to Apply the FDC Buyback through FDC Money?
Log in to FDC Money Application with your credentials. Select the FDC. Enter your Quantity and submit FDC Buyback Application Form.
