Friday, May 3, 2024

CL Educate Buyback 2023 Record Date, Price & Ratio Details

CL Educate Buyback of ₹15 crores authorized by way of the board of administrators on the assembly used to be hung on August 2, 2023. CL Educate Buyback might be performed by means of the Open Market path during the inventory alternate mechanism. The board of administrators of the corporate authorized the buyback by way of the Company of its totally paid-up fairness stocks having a face price of ₹5 every fairness proportion at a worth of ₹94 according to Equity Share and for an mixture quantity no longer exceeding ₹15 crores from the shareholders. Check out CL Educate Buyback 2023 main points underneath:

CL Educate Ltd is an schooling control corporate offering instructional services and products. They center of attention on numerous segments of schooling and cater to beginners from more than one age teams. They have 4 verticles.

  • Consumer Test Preparation
  • Consumer Publishing
  • Enterprise Corporate
  • Enterprise Institutional

CL Educate Ltd has a group of extremely certified execs, together with IIT-IIM alumni, with a zeal for excellence in schooling, CL Educate Ltd has formed the lives and careers of innumerable scholars over the 25+ years of its lifestyles. As of August 2021, they’d 200 test-prep facilities unfold throughout 100 towns in India. As a part of their world enlargement, in addition they perform test-prep facilities within the UAE.

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CL Educate Buyback History

CL Educate Buyback 2023 Dates

Buyback Meeting Date: August 2, 2023
Buyback Announcement Date: August 2, 2023
Buyback Record Date: N/A
Last Date to Buy Shares: N/A
Buyback Open Date: August 21, 2023
Buyback Close Date: November 28, 2023
Finalization of Buyback Acceptance: N/A

CL Educate Buyback 2023 Offer Details

CL Educate buyback of 15,95,744 fairness stocks at a worth of ₹94 according to fairness proportion. The buyback provides to not exceed ₹15 crores of the full buyback be offering dimension.

Offer Amount: ₹15 Crores
Number of Shares: 15,95,744 Equity Shares
Face Value: ₹5 according to fairness proportion
Buyback Price: ₹94 according to fairness proportion
Listing: BSE, NSE
Buyback Type: Open Market
Letter of Offer: Click Here

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CL Educate Buyback 2023 Acceptance Ratio

The investor must purchase round [.] stocks at a present marketplace worth of ₹[.] (as of date). The calculation might be ₹2,00,000 / ₹[.] buyback worth = [.] stocks.

Acceptance Ratio Investment Shares Buyback Profit
33% ₹[.] [.] ₹[.]
50% ₹[.] [.] ₹[.]
75% ₹[.] [.] ₹[.]
100% ₹[.] [.] ₹[.]

CL Educate Financial Report

₹ in Crores
Year Revenue Expense PAT
2021 ₹182 ₹193 -₹13
2022 ₹209 ₹189 ₹14
2023 ₹291 ₹266 ₹23

How to Participate in CL Educate Buyback 2023

The buyers are eligible for the buyback scheme who’ve CL Educate stocks of their Demat Account because the Record Date. Eligible Share Holders can take part within the CL Educate Buyback 2023 scheme as according to the hole shape by way of promoting their stocks. The cost might be given as according to the CL Educateepted stocks by way of the corporate below the CL Educate buyback scheme.

CL Educate Buyback 2023 Registrar

Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/

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CL Educate Buyback 2023 Lead Managers

  • V B Desai Financial Services Limited

CL Educate Company Address

CL Educate Limited
Plot No. 9A,
Sector – 27A, Mathura Road,
Faridabad – 121003
Phone: +91-011-41281100
Email: [email protected]
Website: http://www.cleducate.com/

How to Apply the CL Educate Buyback via Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on Corporate Actions. You will see the Company Name “CL Educate”. Click on Place Order. Enter your Quantity and publish CL Educate Buyback Application Form.

How to Apply the CL Educate Buyback via Upstox?

Log in to Upstox Application together with your credentials. Select the CL Educateount Section. You will see the Company Name “CL Educate”. Click on CL Educate Stock for Buyback. Enter your Quantity and publish CL Educate Buyback Application Form.

How to Apply the CL Educate Buyback via CL Educate Money?

Log in to CL Educate Money Application together with your credentials. Select the CL Educate. Enter your Quantity and publish CL Educate Buyback Application Form.

CL Educate Buyback 2023 FAQs

When is CL Educate Buyback 2023 Record Date?

CL Educate buyback 2023 report date is N/A.

When is CL Educate Buyback 2023 Open Date?

CL Educate buyback 2023 open date is August 21, 2023.

What is CL Educate Buyback 2023 Price?

The corporate has fastened the associated fee at ₹94 according to proportion.

How to use for CL Educate Buyback 2023?

As according to the report date you wish to have to have CL Educate stocks to your Demat Account. You can take part in buyback after having the inventory to your Account.

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– Source : IPOWATCH

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