Kaveri Seed Company Buyback of ₹325 crores authorized via the board of administrators on the assembly was once hung on January 5, 2024. Kaveri Seed Company Buyback will likely be carried out by the use of the Tender Offer path during the inventory change mechanism. The board of administrators of the corporate authorized the buyback via the Company of its absolutely paid-up fairness stocks having a face price of ₹2 each and every fairness proportion at a value of ₹725 in keeping with Equity Share and for an combination quantity now not exceeding ₹325 crores from the shareholders. Check out Kaveri Seed Company Buyback 2024 main points under:
The Company is principally into the industry of manufacturing, processing, and advertising and marketing of top of the range hybrid seeds for various vegetation like corn, sunflower, cotton, paddy, grain sorghum, and so on., and has not too long ago forayed into micronutrients and bio-products. The corporate produces non-hybrid seeds, basically for paddy. The Company is a number one supplier of crop answers to the farmer via supplying high-yielding hybrid seeds and crop control specifically micronutrients, bio-products, and so on. The Company is engaged in analysis and building within the spaces of awesome breeding techniques and biotechnology gear that may permit them to broaden extremely efficient and differentiated hybrid seeds, micronutrients, and bio-products.
Kaveri Seed Company Buyback History
Kaveri Seed Company Buyback 2024 Dates
Buyback Meeting Date: | January 5, 2024 |
Buyback Announcement Date: | January 5, 2024 |
Buyback Record Date: | February 23, 2024 |
Last Date to Buy Shares: | February 22, 2024 |
Buyback Open Date: | February 29, 2024 |
Buyback Close Date: | March 6, 2024 |
Finalization of Buyback Acceptance: | March 13, 2024 |
Kaveri Seed Company Buyback 2024 Offer Details
Kaveri Seed Company buyback of 4,482,758 fairness stocks at a worth of ₹725 in keeping with fairness proportion. The buyback gives to not exceed ₹325 crores of the whole buyback be offering dimension.
Offer Amount: | ₹325 Crores |
Number of Shares: | 4,482,758 Equity Shares |
Face Value: | ₹2 in keeping with fairness proportion |
Buyback Price: | ₹725 in keeping with fairness proportion |
Listing: | BSE, NSE |
Buyback Type: | Tender Offer |
Letter of Offer: | Click Here |
Kaveri Seed Company Buyback 2024 Acceptance Ratio
The investor will have to purchase round [.] stocks at a present marketplace value of ₹[.] (as of date). The calculation will likely be ₹2,00,000 / ₹[.] buyback value = [.] stocks.
Acceptance Ratio | Investment | Shares Buyback | Profit |
33% | ₹1,81,500 | 90 | ₹5,850 |
50% | ₹1,81,500 | 137 | ₹8,905 |
75% | ₹1,81,500 | 206 | ₹13,390 |
100% | ₹1,81,500 | 275 | ₹17,875 |
Kaveri Seed Company Financial Report
₹ in Crores | |||
Year | Revenue | Expense | PAT |
2021 | ₹- | ₹- | ₹- |
2022 | ₹- | ₹- | ₹- |
2023 | ₹- | ₹- | ₹- |
How to Participate in Kaveri Seed Company Buyback 2024
The traders are eligible for the buyback scheme who’ve Kaveri Seed Company stocks of their Demat Account because the Record Date. Eligible Share Holders can take part within the Kaveri Seed Company Buyback 2024 scheme as in keeping with the outlet shape via promoting their stocks. The fee will likely be given as in keeping with the Kaveri Seed Companyepted stocks via the corporate underneath the Kaveri Seed Company buyback scheme.
Kaveri Seed Company Buyback 2024 Registrar
Bigshare Services Pvt Ltd
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis,Makwana Road,
Marol, Andheri(E), Mumbai – 400 059
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/ipo_status.html
Kaveri Seed Company Buyback 2024 Lead Managers
Kaveri Seed Company Company Address
Kaveri Seed Company Limited
# 513-8, fifth Floor,
Minerva Complex, S.D. Road
Secunderabad – 500 003Phone: +91-40-2784 239
Email: [email protected]
Website: https://www.kaveriseeds.in/
How to Apply the Kaveri Seed Company 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 “Kaveri Seed Company”. Click on Place Order. Enter your Quantity and put up Kaveri Seed Company Buyback Application Form.
How to Apply the Kaveri Seed Company Buyback via Upstox?
Log in to Upstox Application along with your credentials. Select the Kaveri Seed Companyount Section. You will see the Company Name “Kaveri Seed Company”. Click on Kaveri Seed Company Stock for Buyback. Enter your Quantity and put up Kaveri Seed Company Buyback Application Form.
How to Apply the Kaveri Seed Company Buyback via Paytm Money?
Log in to Paytm Money Application along with your credentials. Select the Kaveri Seed Company. Enter your Quantity and put up Kaveri Seed Company Buyback Application Form.
Kaveri Seed Company Buyback 2024 FAQs
When is Kaveri Seed Company Buyback 2024 Record Date?
Kaveri Seed Company buyback 2024 document date is February 23, 2024.
When is Kaveri Seed Company Buyback 2024 Open Date?
What is Kaveri Seed Company Buyback 2024 Price?
How to use for Kaveri Seed Company Buyback 2024?
– Source : IPOWATCH