Kaveri Seed Mills Limited (NSE: KSCL, BSE: 532899) buyback 2021 announced on 25 August 2021. The buyback record date is not fixed as its an open market offer. The stock up by 2% to ₹591.95 on Thursday after board approves the buyback. Kaveri Seed setup in 1976 by G V Bhaskar Rao. The company is one of the largest agriculture company in India. They are specializing in Hybrid Seeds in Key Indian crops. The promoter stake holding is 56.85% while public stoke holding is 43.15% in the company as on 20 August 2021.
Price Trend on BSE & NSE (Last 1 Year as on 26 August 2021):
| Details | NSE |
BSE
|
| Latest Price | ₹589.70 | ₹592.95 |
| 52 Week High | ₹816.65 | ₹815.85 |
| 52 Week Low | ₹463.05 | ₹463.15 |
Kaveri Seed Buyback 2021 Offer Details:
| Buyback Record Date: |
Open Market
Through Stock Exchange |
| Board Meeting Approval: | 25 August 2021 |
| Public Announcement: | 25 August 2021 |
| Buyback Open Date: | 02 September 2021 |
| Buyback Close Date: | 01 March 2022 |
| Buyback Offer: | ₹120 Crores |
| Buyback Offer Size: | -% |
| Number of Shares: |
– Shares
|
| Share Face Value: |
₹2 per equity share
|
| Buyback Price: | ₹850 per equity share |
| Buyback Type: | Open Market |
Kaveri Seed Financial Report:
| ₹ in Crores | |||||
| Revenue | Expense | PAT |
|||
| 2018 | ₹796.10 | ₹554.80 | ₹210.34 | ||
| 2019 | ₹811.86 | ₹563.55 | ₹214.73 | ||
| 2020 | ₹929.81 | ₹643.95 | ₹251.27 | ||
| 2021 |
₹1,035.00 | ₹700.49 | ₹305.31 | ||
Kaveri Seed Buyback Eligible Share Holders:
Kaveri Seed Buyback Registrar
To be updated soon
Kaveri Seed Buyback Lead Managers
Bajaj Capital Limited
Mezzanine Floor, Bajaj House, 97, Nehru Place, New Delhi-110019
Tel: 9849265491
Fax: 04027811237
Email: [email protected]
Contact Person: P. Balraj
SEBI Registration No.: INM000010544
Kaveri Seed Company Address
Vedantam Ravi Shanker Murti
Company Secretary
513-B, 5th Floor, Minerva Complex,
S.D. Road, Secunderabad-500003, Telangana
Tel. No 040-49192345;
Fax No.: 040-27811237
Email: [email protected]
At the Exchange:
Clearing & Settlement Department:
Mr. Nilesh Shah/Ajay Darji – Extn: 022-22728468/5163/5628/8223/5784
Email Id: [email protected]
Trading Department:
Trading Operations: Extn: 022-2272- 8376 (For Trading Related)
Help desk: Extn: 61363100 (Hunting) (For BOLT System)
Listing Operations Department:
Mr. Raghavendra Bhat/ Vaidehi Ketkar – Extn: 022-2272-8915/8646 (For General Queries)
Kaveri Seed Buyback 2021 FAQs:
Note: If anything you want to know about the buyback offer you can refer the Kaveri Seed buyback offer documents.
