Hello friends, in today’s blog, we see Chamble Fertilizer Buyback 2024 Date Announced so you can apply for the buyback share process.
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Chamble Fertilizer Buyback 2024 Date Announced
The company offer a Buyback share at 450 rupees, so those people hold the share at the record date of 17 January 2024.
so Those people appear for buyback, company send an email, to investors and how much they are able to apply for the buyback.
Buyback Date 2024
Start Date:- 24 January, 2024
End Date:- 31 January, 2024
Here is email from Company for Buyback Conclusion
SUB: OFFER TO BUYBACK UP TO 1,55,55,555 (ONE CRORE FIFTY FIVE LAKHS FIFTY FIVE THOUSAND FIVE HUNDRED AND FIFTY FIVE) FULLY PAID-UP EQUITY SHARES, OF FACE VALUE OF RS. 10/- (RUPEES TEN ONLY) EACH (“EQUITY SHARES”), REPRESENTING 3.74% OF THE TOTAL PAID-UP EQUITY SHARES OF THE COMPANY FROM THE ELIGIBLE SHAREHOLDERS / BENEFICIAL OWNERS OF EQUITY SHARES AS ON THURSDAY, JANUARY 18, 2024 (“RECORD DATE”) ON A PROPORTIONATE BASIS BY WAY OF TENDER OFFER ROUTE THROUGH STOCK EXCHANGE MECHANISM AT A PRICE OF RS. 450/- (RUPEES FOUR HUNDRED AND FIFTY ONLY) PER EQUITY SHARE PAYABLE IN CASH FOR AN AGGREGATE CONSIDERATION UP TO RS. 700 CRORES (RUPEES SEVEN HUNDRED CRORES ONLY) (“BUYBACK”).
With reference to the above, please find below the details of the Equity Shares of the Company held by you as on the Record Date i.e., Thursday, January 18, 2024 along with entitlement to tender shares under Buyback, for your information and necessary action:
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