Share Buyback – Check below mention information for.
- Upcoming Board meeting for Buyback
- Upcoming Record dates for Buyback (Tender Offer)
- Important dates for Buyback (Tender Offer)
- Important Buyback Information (Tender Offer)
- Shareholding details of buyback Share (Tender Offer)
- Expected Entitlement Ratio for Small Shareholder (Tender Offer)
- Current Buyback through Open Market
1. Upcoming Board Meeting for Buyback
| Company Name | Date |
| NA | NA |
2. Record Date for Buyback (Tender Offer)
| Company Name | Record Date | Last date to Buy |
| Tips Industries Ltd | 22-04-2024 | 19-04-2024 |
| Anand Rathi Wealth Ltd | TBA | TBA |
| Sharda Motors Industries Ltd | TBA | TBA |
3. Important dates for Buyback Share (Tender Offer)
| Particular | Board Meeting Date | Buyback Record Date | Issue Open Date | Issue Close Date | Payment Consideration | |
| Tips Industries Ltd | 28-02-2024 | 22-04-2024 | TBA | TBA | TBA | |
| Anand Rathi Wealth Ltd | 12-02-2024 | 29-02-2024 | TBA | TBA | TBA | |
| Sharda Motors Industries Ltd | 18-04-2024 | 26-03-2024 | TBA | TBA | TBA |
4. Important Buyback Information (Tender Offer)
| Particular | Buyback Per Share | No of Share | Buyback Amount (Cr) | Whether Postal Ballot | Buyback Postal Ballot Last Date | Promoter Participant |
| Tips Industries ltd | 625 | 5,95,000 | 37.18 Cr | Yes | 04-04-2024 | No |
| Anand Rathi Wealth Ltd | 4,450 | 3,70,000 | 164.65 Cr | Yes | 19-05-2024 | Yes |
| Sharda Motors Industries Ltd | 1,800 | 10,27,777 | 184.99 Cr | Yes | TBA | Yes |
5. Shareholding details of buyback Share (Tender Offer)
| Particular | Shareholding as on | Promoter | FII | DII | Public and Others | Total | Retail Holding < 2 Lakh |
| Tips Industries Ltd | 31-03-2024 | 63.86% | 2.09% | 8.17% | 25.88% | 100.00% | 1,56,56,291 |
| Anand Rathi Wealth Ltd | 31-12-2023 | 48.20% | 3.00% | 9.16% | 39.64% | 100.00% | 65,56,575 |
| Sharda Motors Industries Ltd | 31-03-2024 | 73.20% | 1.55% | 0.42% | 24.83% | 100.00% | 44,61,771 |
6. Expected Entitlement Ratio for Small Shareholder (Tender Offer)
| Particular | Buyback Amount | Buyback Price | No of buyback Share | Share reserve for Small Shareholder | Expected Entitlement Ratio |
| Tips Industries Ltd | 371.88 Cr | 625 | 5,95,000 | 89,250 | 0.57% |
| Anand Rathi Wealth Ltd | 164. 65 Cr | 4,450 | 3,70,000 | 58,127 | 0.89% |
| Sharda Motors Industries Ltd | 184.99 Cr | 1,800 | 10,27,777 | 154,167 | 3.46% |
7. Current Buyback Offer – Open Market Through Stock Exchange
| Particular | Issue Open Date | Issue Close Date | Buyback Per Share |
| NA | NA | NA | NA |
Also See, “Tax Related updates at www.taxhouseindia.com
Disclaimer: As per SEBI norms, Equity Investment are subject to 100% market risks. Refer your financial consultant advice before Investing. This is only for Educational and Learning, Knowledge Purposes.
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what will be the acceptance ratio for Chambal Fertilizers?
Is it worth participating in the buyback? if I participate with 2lakh in retail, how much I can return i can expect?
How much come kavier seeds have more expetance than Chambal? do you have a youtube channel?