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Chamble Fertilizer Buyback 2024 Date Announced

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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Laxman Sonale

I am Laxman Sonale, I love reading books. My professional background is in biotechnology and now I am doing my m.sc in biotechnology, but I love the stock market and Common Sense and how people make lots of mistakes in financial life so I write this blog to help them people and become financially aware. so this is my mission and I need your help friends, to reach out to those, that don't know about the world of finance work, and how people get poor and rich get richer. So if you want to be a Smart guy in life, then you should have to learn about finance, whatever I know, I am trying to say in simple language if something is not clear to you, then leave the comment, I bring the answer. so thank you for reading about me.

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