Sasken Buyback 2019 Record Date, Buyback Price & Details

Sasken Technologies Limited is a technology and service provider company based in Bangalore. The company provides product engineering and digital transformation services to global customers. The industries they cater are semiconductors, automotive, enterprise grade devices, smart devices and wearables, industrials, retail, satcom, and telecom. Sasken founded in 1989. They have over 2200 employees. The revenues recorded over 500 crore in 2017-2018.

Sasken Buy Back 2019 Offer Details:

Buyback Record Date:	05-Jul-2019
Board Meeting Approval:	23-Apr-2019
Public Announcement:	23-Apr-2019
Buyback Offer:	₹169 Crore
Buyback Offer Size:	11.68%
Number of Shares:	19,98,678
Share Face Value:	₹10
Buyback Price:	₹850
Buyback Type:	Tender Offer

Sasken buyback of 19,98,678 equity shares which is around 11.68% of all the existing number of equity shares at a price of ₹850 per equity share. The buyback offer not exceeding of ₹169 crore of total buyback offer size.

Sasken Buyback Eligible Share Holders:
The investors are eligible of the buyback scheme who have Sasken shares in their Demat account as record date 05-July-2019. Investors can participate in the Sasken 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 Sasken buyback scheme.

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

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