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Incorporated in 1984, Aarti Industries Limited (BSE: 524208,NSE: AARTIIND) is a leading Indian manufacturer of Specialty Chemicals and Pharmaceuticals with a global footprint.The company operates in four segments, namely Basic Chemicals, Specialty Chemicals, Agro Chemicals and Pharmaceuticals. The company is engaged in manufacturing of pharmaceuticals, agrochemicals, polymers, additives, surfactants, pigments, dyes, etc. Their subsidiaries include Aarti Corporate Services Ltd, Aarti Healthcare Ltd and Alchemie Europe Ltd. The Company are having 16 manufacturing units and have research and development facility.
Dec 19th 2017 - On 21st Dec 2017 - A meeting of board of directors is scheduled to consider a proposal pertaining to buyback of the fully-paid shares of the company.
Dec 21,2017 - Aarti Industries Limited Board has approved a proposal for buyback of up to 8,20,383 shares at Rs 1200 per share, aggregating Rs Rs 98.45cr.
Below is the complete details about Aarti Industries Limited Buyback. Record date, buyback open and close dates are announce in below section.
| Buyback Type: | Tender Offer |
| Buyback Offer Amount: | Rs 98.45 Cr |
| Buyback Number of Shares: | 8.2 lakhs |
| Buyback Price: | Rs 1200 |
| Buyback Offer Size (In %): | 7.51% |
| Total Share Capital: | Rs 8,129.92 Cr |
| Face Value: | 5 Per Equity Share |
Can I Invest today to participate in Aarti Industries Limited buyback offer? No
YIn this section we have covered all important dates related to Aarti Industries Limited Buyback. Dates are updated as they are announced. The most noted dates are record date and buyback open and close dates, which one should use to participate in buyback.
| Buyback Activity | Date |
|---|---|
| Board Meeting for Buyback proposal | 20th Dec 2107 |
| Buyback Approval date | 21st Dec 2017 |
| Public Announcement of Buyback | 21st Dec 2017 |
| Record Date | 5th Jan 2018 |
| Buyback opens on/Buyback Opening Date | 20th Feb 2018 |
| Buyback closes on/Buyback Closing Date | 6th Mar 2018 |
| Cut-off date to receive completed tender forms by Registrar | |
| Cut-off date for verification by the Registrar | 8th Mar 2018 |
| Cut-off date to inform Stock Exchange on acceptance or non-acceptance
of tendered Equity Shares by Registrar |
14th Mar 2018 |
| Last date of settlement of bids on the stock exchange | 15th Mar 2018 |
| Last date to return unaccepted shares by Registrar | 15th Mar 2018 |
| Last date of extinguishment of Equity Shares | 22nd Mar 2018 |
Stock Holding table gives a clear picture on retail investor holdings of Aarti Industries Limited shares which helps investor to decide on participating in buyback offer. The less number of retail holdings means higher chance of acceptance in buyback under retail category which is equal to higher profit.
| Holding Type | In % |
|---|---|
| Promoter-Foreign | .16% |
| Promoter-Indian | 53.54% |
| Non-Promoter-Institutions | 16.62% |
| Non-Promoter-Non-Institutions | 29.69% |
The table below will give you a complete dashboard view for all open buyback offer in current market.
| Company Name | Buyback Type | Offer Amount | Buyback Price | CMP | Record Date | Buyback Open Date | Buyback End Date |
|---|---|---|---|---|---|---|---|
| Tanla Platforms Ltd | Tender Offer | Rs 170 Cr | 1200 | 931.65 (-1.06%) | 25-10-2022 | TBD | TBD | Garware Technical Fibres Ltd | Tender Offer | Rs 90 Cr | 3750 | 4-11-2022 | TBD | TBD | Orbit Exports Limited | Tender Offer | Rs 10 Cr | 245 | 164.70 (0.61%) | 18-11-2022 | TBD | TBD | KRBL Limited | Tender Offer | ₹325.00Cr | 500 | 290.95 (-1.59%) | 25-08-2023 | TBD | TBD | Tips Industries Limited | Tender Offer | ₹37.19Cr | 625 | 459.65 (-0.45%) | 22-04-2024 | TBD | TBD |
Detail Article on Benefit from buyback offer >> Read
Aarti Industries Limited Buyback Important dates - Record Date,Buyback Start and End date. Buyback Details - Buyback Price, Buyback Offer Size, Buyback Number of Shares, Retail Investors limit. What is the record date for Aarti Industries Limited? How can I apply in Aarti Industries Limited Buyback offer?For Buy back shares holders are divided in 2 categories:
| Category | Entitlement Ratio of Buyback Per Equity Shares | Entitlement Ratio of Buyback in % |
|---|---|---|
| Reserved Category | 79 Equity Shares out of every 554 Equity Shares | 14.26% |
| General Category | 2 Equity Shares out of every 233 Equity Shares | 0.86% |
For Aarti Industries Limited Buyback Offer, Report updated by the registrar "Link Intime India Private Limited" -
In Reserved category for Small Shareholders (Retail) - response received only 54.24%, No. of Equity Shares reserved in Buyback was 1,23,058 where valid bid received for retail category was 66,745 which is 54.24%. So with this retail investor got 100% acceptance of share.
In general category - response received 108.08%, No. of Equity Shares reserved in Buyback was 6,97,325 where valid bid received for retail category was 7,53,638 which is 108.08% oversubscribed.
Last Updated on 2018-06-30T01:52:33+00:00
