MOIL Limited (NSE: MOIL, BSE: 533286) buyback 2021 was announced on November 10, 2021. The MOIL buyback record date is not announced yet. The company is a mini Ratna state-owned manganese ore mining company. The company was incorporated as Manganese Ore (India) Limited in 1962. They are based in Nagpur and with a market share of 50%, they are a leader in manganese ore production in India. They are operating in 11 mines. The ranked in Fortune 500 companies list for 2011.
MOIL Buyback 2022 Offer Details:
| Buyback Record Date: | 31 December 2021 |
| Board Meeting Approval: | 10 November 2021 |
| Public Announcement: | 10 November 2021 |
| Buyback Open Date: | 28 January 2022 |
| Buyback Close Date: | 10 February 2022 |
| Buyback Offer: | ₹693 Crores |
| Buyback Offer Size: | 14.23% |
| Number of Shares: | 33,804,878 Shares |
| Share Face Value: | ₹10 per equity share |
| Buyback Price: | ₹205 per equity share |
| Buyback Type: | Tender Offer |
MOIL buyback of 33,804,878 equity shares that are around 14.23% of all the existing number of equity shares at a price of ₹205 per equity share. The buyback offers do not exceed ₹693 crores of the total buyback offer size.
MOIL Financial Report:
| ₹ in Crores | |||||
| Revenue | Expense | PAT | |||
| 2018 | ₹1314 | ₹781 | ₹648 | ||
| 2019 | ₹1438 | ₹842 | ₹720 | ||
| 2020 | ₹1034 | ₹779 | ₹340 | ||
| 2021 | ₹1172 | ₹885 | ₹240 | ||
MOIL Buyback Eligible Share Holders:
The investors are eligible for the buyback scheme who have MOIL shares in their Demat account as the record date is 31 December 2021. Investors can participate in the MOIL Buyback 2021 scheme as per the opening form by selling their shares. The payment will be given as per the accepted shares by the company under the MOIL buyback scheme.
Checkout Current MOIL Shares market price on NSE and BSE: MOIL Share Price Today
MOIL Buyback 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: http://www.bigshareonline.com
MOIL Buyback Lead Managers
- IDBI Capital Market Services Limited
MOIL Company Address
MOIL Limited
MOIL Bhawan, 1A, Katol Road,
Nagpur – 440013,
Nagpur – 440013, Maharashtra
Phone: +91 712 2806208
Email: [email protected]
Website: https://www.moil.nic.in/
MOIL Buyback 2022 FAQs:
When is MOIL Buyback Record Date?
MOIL buyback 2021 record date is December 21, 2021.
When is MOIL Buyback Announcement Date?
NTPC buyback 2021 announcement date is November 10, 2021.
What is MOIL Buyback Price?
The company has fixed the price at ₹205 per share.
How to apply for MOIL Buyback 2022?
As per the record date you need to have MOIL shares in your Demat account. You can participate in buyback after having the stock in your account.
Note: If anything you want to know about the buyback offer you can refer to the MOIL buyback offer documents.
