Star Cement Buyback 2019 Record Date, Buyback Price & Details

Star Cement Limited is one of the largest cement manufacturer in north east India. Their plan located at Lumshnong across 200 hectares of land. The product range includes Ordinary Portland Cement (OPC 43-Grade) and (OPC 53-Grade) and Portland Pozzolana Cement (PPC), Portland Slag Cement (PSC) and Anti Rust Cement (ARC) in line with evolving customer needs. Star Cement was recognized by the Meghalaya state government for its pioneering cement plant in the backward area of Lumshnong in 2005. The company is an ISO 9001:2008, ISO 14001 & OHSAS 18001 certified Company.

Star Cement Buy Back 2019 Offer Details:

Buyback Record Date:	05-Jul-2019
Board Meeting Approval:	21-Jun-2019
Public Announcement:	21-Jun-2019
Buyback Offer:	₹102 Crore
Buyback Offer Size:	1.62%
Number of Shares:	68,00,000
Share Face Value:	₹1
Buyback Price:	₹150
Buyback Type:	Tender Offer

Star Cement buyback of 68,00,000 equity shares which is around 1.62% of all the existing number of equity shares at a price of ₹150 per equity share. The buyback offer not exceeding of ₹102 crore of total buyback offer size.

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

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

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