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Sarda Energy Buyback 2022 Date, Record Date, Price & Acceptance Ratio

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Sarda Energy buyback 2022 to open date is [.]. Sarda Energy buyback record date is May 06, 2022. The investor should buy the Sarda Energy shares on or before the record date to get eligibility for the buyback. Check out Sarda Energy Buyback 2022 details below:

Sarda Energy

    Sarda Energy Buyback 2022 Dates

     Buyback Meeting Date:
     April 23, 2022
     Buyback Announcement Date: April 23, 2022
     Buyback Record Date: May 06, 2022
     Buyback Open Date: –
     Buyback Close Date:
     
     Finalization of Buyback Acceptance:
     

    Sarda Energy Buyback 2022 Offer Details

    Sarda Energy buyback of 800,000 equity shares at a price of ₹1,500 per equity share. The buyback offers not to exceed ₹121.67 crores of the total buyback offer size.
     Offer Amount: ₹121.67 Crores
     Number of Shares:
     800,000 Equity Shares
     Face Value:
     ₹10 per equity share
     Buyback Price: ₹1,500 per equity share
     Listing: BSE & NSE
     Offer Letter: Click Here
     Buyback Type: Tender Offer

    About Company – Sarda Energy

    Sarda Energy & Minerals Limited (SEML), was incorporated in 1973. They are a flagship company of Sarda Group. They are an integrated producer of steel with captive iron ore. They are a manufacturer and exporter of niche-grade manganese-based ferroalloys. Self-sufficient captive power from Waste heat & coal. Interests in Hydropower projects through SPVs. A TWO STAR EXPORT HOUSE, recognized by the Ministry of Commerce & Industry, Govt. of India. SEML is one of the lowest-cost producers of steel (Sponge Iron, Billets, Ferro Alloys, Mining, Power, Pellets, Iron Ore, Wire Rod Mill, Eco Bricks) and one of the largest manufacturers and exporters of ferroalloys in India. Headquartered in Raipur, Chhattisgarh, the company merged Chhattisgarh Electricity Company Limited (CECL) with itself in 2007 with a vision to become a leading energy and minerals company.

    Sarda Energy Buyback 2022 Acceptance Ratio

    The investor should buy around 133 shares at a current market price of ₹1,250 (as of 25 April 2022). The calculation will be Rs.2,00,000 / 1500 buyback price = 133 shares.
    Acceptance RatioInvestmentShares BuybackProfit
    33%₹166,6664310,750
    50%₹166,6666616,500
    75%₹166,6669924,750
    100%₹166,66613333,250

    Sarda Energy Financial Report

      ₹ in Crores
    YearRevenueExpensePAT
    2019₹1685₹1314215
    2020₹1485₹1219182
    2021₹1702₹1272297

    Sarda Energy Buyback 2022 Eligible Share Holders

    The investors are eligible for the buyback scheme who have Sarda Energy shares in their Demat account as the record date is May 06, 2022. Investors can participate in the Sarda Energy Buyback 2022 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 Sarda Energy buyback scheme.
     

    Sarda Energy Buyback 2022 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
    Website: http://www.bigshareonline.com

     

    Sarda Energy Buyback 2022 Lead Managers

    • Hem Securities Limited

    Sarda Energy Company Address

    Sarda Energy & Minerals Limited
    Industrial Growth Center,
    Siltara,
    RAIPUR – 493 111
    Phone: 91-771-2216000
    Website: https://www.seml.co.in/

    Sarda Energy Buyback 2022 FAQs

    When is Sarda Energy Buyback 2022 Record Date?

    Sarda Energy buyback 2022 record date is May 06, 2022.

    When is Sarda Energy Buyback 2022 Open Date?

    Sarda Energy buyback 2022 open date is (not fixed yet).

    What is Sarda Energy Buyback 2022 Price?

    The company has fixed the price at ₹1,500 per share.

    How to particiate in Sarda Energy Buyback 2022?

    As per the record date you need to have Sarda Energy shares in your Demat account. You can participate in buyback after having the stock in your account.

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