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Sinclairs Hotels Buyback 2022 Date, Record Date, Price & Acceptance Ratio

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Sinclairs Hotels buyback 2022 was announced on April 28, 2022. Sinclairs Hotels buyback record date is May 13, 2022. The investor should buy the Sinclairs Hotels shares on or before the record date to get eligibility for the buyback. Check out Sinclairs Hotels Buyback 2022 details below:

Sinclairs Hotels

    Sinclairs Hotels Buyback 2022 Dates

     Buyback Meeting Date:
     28 April 2022
     Buyback Announcement Date: 28 April 2022
     Buyback Record Date: 13 May 2022
     Buyback Open Date: –
     Buyback Close Date:
     
     Finalization of Buyback Acceptance:
     

    Sinclairs Hotels Buyback 2022 Offer Details

    Sinclairs Hotels buyback of 10,00,00,001 equity shares at a price of ₹143 per equity share. The buyback offers not to exceed ₹0.07 crores of the total buyback offer size.
     Offer Amount: ₹0.07 Crores
     Number of Shares:
     10,00,00,001 Equity Shares
     Face Value:
     ₹2 per equity share
     Buyback Price: ₹143 per equity share
     Listing: BSE
     Buyback Type: Tender Offer

    About Company – Sinclairs Hotels

    Sinclairs Hotels and Resorts owns and operates eight properties in India at Burdwan, Siliguri, Darjeeling, Kalimpong, and Dooars in West Bengal, Gangtok in Sikkim, Ooty in South India and Port Blair in the Andamans. Sinclairs also offers excellent venues for holding conferences, meetings and seminars in these locations.

    Sinclairs Hotels Buyback 2022 Acceptance Ratio

    The investor should buy around 1398 shares at a current market price of ₹115 (as of 28 April 2022). The calculation will be Rs.2,00,000 / 143 buyback price = 1398 shares.
    Acceptance RatioInvestmentShares BuybackProfit
    33%₹160,77046112,917
    50%₹160,77069919,572
    75%₹160,770104829,358
    100%₹160,770139839,144

    Sinclairs Hotels Financial Report

      ₹ in Crores
    YearRevenueExpensePAT
    2019₹45.75₹27.979.75
    2020₹45.45₹28.639.49
    2021₹17.27₹13.463.51

    Sinclairs Hotels Buyback 2022 Eligible Share Holders

    The investors are eligible for the buyback scheme who have Sinclairs Hotels shares in their Demat account as the record date is May 13, 2022. Investors can participate in the Sinclairs Hotels 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 Sinclairs Hotels buyback scheme.
     

    Sinclairs Hotels Buyback 2022 Registrar

    To be updated soon

     

    Sinclairs Hotels Buyback 2022 Lead Managers

    • To be updated soon

    Sinclairs Hotels Company Address

    Sinclairs Hotels Limited
    Pressman House
    10A, Lee Road
    Kolkata 700020
    Phone: +91 98305 56333
    Website: https://www.sinclairshotels.com/

    Sinclairs Hotels Buyback 2022 FAQs

    When is Sinclairs Hotels Buyback 2022 Record Date?

    Sinclairs Hotels buyback 2022 record date is May 13, 2022.

    When is Sinclairs Hotels Buyback 2022 Open Date?

    Sinclairs Hotels buyback 2022 open date is (not fixed yet).

    What is Sinclairs Hotels Buyback 2022 Price?

    The company has fixed the price at ₹143 per share.

    How to apply for Sinclairs Hotels Buyback 2022?

    As per the record date you need to have Sinclairs Hotels 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 Sinclairs Hotels buyback offer documents.

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