Triveni Engineering Buyback 2019 Record Date, Buyback Price & Details

Triveni Engineering & Industries Limited is working in areas of sugar and engineering. The company is one of the largest sugar manufacturers in India. They are also a market leader in engineering businesses. They have 7 sugar mills, 6 co-generation units and 1 distillery spread over 8 locations in Uttar Pradesh. They are largest Indian manufacturer of high-speed and niche low speed gears and gearboxes.

Triveni Engineering Buy Back 2019 Offer Details:

Buyback Record Date:	19-Jun-2019
Board Meeting Approval:	03-Jun-2019
Public Announcement:	03-Jun-2019
Buyback Offer:	₹100 Crore
Buyback Offer Size:	3.88%
Number of Shares:	10000000
Share Face Value:	₹1
Buyback Price:	₹100
Buyback Type:	Tender Offer

Triveni Engineering buyback of 10000000 equity shares which is around 3.88% of all the existing number of equity shares at a price of ₹100 per equity share. The buyback offer not exceeding of ₹100 crore of total buyback offer size.

Triveni Engineering Buyback Eligible Share Holders:
The investors are eligible of the buyback scheme who have Triveni Engineering shares in their Demat account as record date 19-June-2019. Investors can participate in the Triveni Engineering 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 Triveni Engineering buyback scheme.

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

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

Jagat Joshi

Founder of IPOWatch, brings nearly 15 years of experience in IPO analysis and market research. He provides complete coverage of upcoming IPOs, subscription trends, grey market premiums (GMP), and post-listing performance, along with easy-to-understand reviews, insights, and analysis. In his working journey, he has worked with various platforms and received expertise in stock market analysis and primary markets.

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Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.