Thursday, May 16, 2024

Pennar Industries Buyback 2022 Record Date, Price, Eligibility, How to Apply & Acceptance Ratio


Pennar Industries buyback 2022 was introduced on 09 March 2022. The Pennar Industries buyback document date isn’t mounted because it’s an open market supply. The investor can buy the Pennar Industries shares on or earlier than the document date to get the eligibility for the buyback.

Pennar Industries began its engineering excellence in 1998. They established their first manufacturing plant at Isnapur, Hyderabad. After that, they’ve a collection of strategic acquisitions and growth plans. They are one of many main value-added engineering merchandise and options suppliers in India. They have made their presence within the industries like Infrastructure, Agriculture, Mining, Marine, Paper, Shipping, Automobiles, Power, General Engineering, and Building & Construction sectors. Currently, they’ve round 9 manufacturing vegetation in India and a presence globally. They cater to among the larger purchasers like Tata, L&T, Ashok Leyland, IFB, Mahindra, JSW, NCC, Honda, TVS, Eicher, Whirlpool, Toyota, Voltas, LG, HCC, P&G, BGR Energy, Hyundai, Maruti Suzuki, MRF, NTPC, Bhel, and extra. Check out Pennar Industries Buyback 2022 particulars beneath given:

- Advertisement -
Pennar Industries

Pennar Industries Buyback 2022 Date & Time Table

 Buyback Meeting Date:

 09 March 2022

- Advertisement -
 Buyback Announcement Date:  09 March 2022
 Buyback Record Date:  Open Market
 Buyback Open Date:  2022
 Buyback Close Date:

 2022

 Finalization of Buyback Acceptance:

 2022

Pennar Industries Buyback 2022 Offer Details

 Offer Amount:  ₹40 Crores
 Number of Shares:

 – Shares

- Advertisement -
 Face Value:

 ₹5 per fairness share

 Buyback Price:  ₹50 per fairness share
 Listing:  BSE & NSE
 Buyback Type:  Open Market Offer

Pennar Industries buyback of – fairness shares which are round -% of all the prevailing variety of fairness shares at a worth of ₹50 per fairness share. The buyback affords not to exceed ₹40 crores of the full buyback supply measurement. Pennar Industries Buyback Acceptance Ratio shall be round (To be up to date quickly).

Pennar Industries Buyback Acceptance Ratio (Estimated)

The investor can buy round 4000 shares at a present market worth of ₹36.50 (As of 15 March 2022). The calculation shall be Rs.2,00,000 / 50 buyback worth = 4000 shares.

Acceptance Ratio Investment Shares Buyback Profit
33% ₹146,000 1320 ₹17,820
50% ₹146,000 2000 ₹27,000
75% ₹146,000 3000 ₹40,500
100% ₹146,000 4000 ₹54,000

Pennar Industries Financial Report

  ₹ in Crores
Revenue Expense PAT
2019 ₹2142 ₹2063 ₹66.66
2020 ₹2118 ₹2064 ₹53.40
2021 ₹1534 ₹1560 ₹2.84

Pennar Industries Buyback Eligibility & How to Apply

The traders are eligible for the buyback scheme who’ve Pennar Industries shares of their Demat account because the document date isn’t mounted because it’s an open market supply. Investors can take part within the Pennar Industries Buyback 2022 scheme as per the opening kind by promoting their shares. The fee shall be given as per the accepted shares by the corporate beneath the Pennar Industries buyback scheme. The traders can take part in buyback through bodily kind or through your dealer or Demat account by putting an order.

Checkout Current Pennar Industries Shares market worth on NSE and BSE: Pennar Industries Share Price Today
 

Pennar Industries Buyback Registrar

KFintech Private Limited

KFintech, Tower-B, Plot No 31 & 32,

Financial District, Nanakramguda, Gachibowli,

Hyderabad, Telangana India – 500 032.

Phone: 04067162222, 04079611000

Email: [email protected]

Website: https://karisma.kfintech.com/

 

Pennar Industries Buyback Lead Managers

  • Finshore Management Services Limited

Pennar Industries Company Address

Pennar Industries Limited

3 Floor, DHFLVC Silicon Towers, Kondapur,

Hyderabad – 500 084

Phone: +91 40 41923108

Email: [email protected]

Website: http://www.pennarindia.com

Pennar Industries Buyback 2022 FAQs

When is Pennar Industries Buyback Record Date?

Pennar Industries buyback 2022 document date is Open Market Offer.

When is Pennar Industries Buyback Announcement Date?

Pennar Industries buyback 2022 announcement date is 09 March 2022.
What is Pennar Industries Buyback Acceptance Ratio?

Pennar Industries buyback Acceptance ratio shall be round -%.
What is Pennar Industries Buyback Price?

The firm has mounted the value at ₹50 per share.
How to apply for Pennar Industries Buyback 2022?

As per the document date you want to have Pennar Industries shares in your Demat account. You can take part in buyback after having the inventory in your account.

Note: If something you need to know concerning the buyback supply you may refer to the Pennar Industries buyback supply paperwork.

Follow IPO Watch for the newest IPO news and their critiques, additionally maintain following us on Twitter, Facebook, and Instagram. For our newest movies, subscribe to our YouTube channel.





– Source : IPOWATCH

More articles

- Advertisement -
- Advertisement -

Latest article