Sharda Motor Industries Buyback 2024 Record Date, Price & Ratio Details

Sharda Motor Industries of ₹185 crores authorized by means of the board of administrators on the assembly was once hung on April 8, 2024. Sharda Motor Industries shall be achieved by the use of the Tender Offer course during the inventory alternate mechanism. The board of administrators of the corporate authorized the buyback by means of the Company of its absolutely paid-up fairness stocks having a face worth of ₹2 every fairness proportion at a worth of ₹1800 according to Equity Share and for an combination quantity no longer exceeding ₹185 crores from the shareholders. Check out Sharda Motor Industries Buyback 2024 main points under:

SMIL is a marketplace chief within the production and provide of Exhaust Systems, Catalytic Converters, Independent Suspensions, and Pressed Parts. The corporate boasts of state of the art production amenities with a continual focal point on new merchandise, innovation, era up gradation and Research & Development. SMIL has a couple of manufacturing amenities, gross sales places of work, and R&D Centers throughout India, bringing them close to their buyer base. Sharda Motor believes in pleasant all its shoppers and those that use its services by means of assembly their wishes promptly and appropriately by means of keeping up the very best quality requirements. With a company base in operational excellence, SMIL provides high quality car elements to main car and engine producers in India. They supply equivalent alternative for construction, development, and expansion.

Sharda Motor Industries History

Sharda Motor Industries Buyback 2024 Dates

Sharda Motor Industries Buyback 2024 Offer Details

Sharda Motor Industries of 1,027,777 fairness stocks at a value of ₹1800 according to fairness proportion. The buyback gives to not exceed ₹185 crores of the full buyback be offering dimension.

Sharda Motor Industries Buyback 2024 Acceptance Ratio

The investor must purchase round 111 stocks at a present marketplace worth of ₹1500 (as of date). The calculation shall be ₹2,00,000 / ₹1800 buyback worth = 111 stocks.

Sharda Motor Industries Financial Report

How to Participate in Sharda Motor Industries Buyback 2024

The buyers are eligible for the buyback scheme who’ve Sharda Motor Industries stocks of their Demat Account because the Record Date. Eligible Share Holders can take part within the Sharda Motor Industries Buyback 2024 scheme as according to the outlet shape by means of promoting their stocks. The fee shall be given as according to the Shervani Industrial Syndicateepted stocks by means of the corporate below the Sharda Motor Industries scheme.

Sharda Motor Industries Buyback 2024 Registrar

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Sharda Motor Industries Buyback 2024 Lead Managers

Sharda Motor Industries Company Address

Sharda Motor Industries Ltd
D-188, Okhla Industrial Area,
Phase-I, New Delhi-110020
Phone: 011 4733 4100
Email: [email protected]
Website: https://www.shardamotor.com/

How to Apply the Sharda Motor Industries 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 “Sharda Motor Industries”. Click on Place Order. Enter your Quantity and post Sharda Motor Industries Application Form.

How to Apply the Sharda Motor Industries via Upstox?

Log in to Upstox Application together with your credentials. Select the Sharda Motor Industries. You will see the Company Name “Sharda Motor Industries”. Click on Sharda Motor Industries Stock for Buyback. Enter your Quantity and post Sharda Motor Industries Application Form.

How to Apply the Sharda Motor Industries via Sharda Motor Industries Paytm Money?

Log in to Paytm Money Application together with your credentials. Select the Sharda Motor Industries. Enter your Quantity and post Sharda Motor Industries Application Form.

Sharda Motor Industries Buyback 2024 FAQs