Buyback21 May 2026, 02:57 pm
Dhanuka Agritech Announces ₹70 Cr Buyback at ₹1,400/Share
AI Summary
Dhanuka Agritech Ltd has announced a buyback of 500,000 equity shares at a price of ₹1,400 per share, for an aggregate consideration of up to ₹70.00 Crore. The buyback, approved on May 19, 2026, constitutes 4.20% of the paid-up equity share capital and free reserves as of March 31, 2026. Sundae Capital Advisors Pvt Ltd is the manager to the buyback offer. The public announcement was published on May 21, 2026, in Business Standard (English and Hindi editions).
Key Highlights
- Dhanuka Agritech will buy back 500,000 shares at ₹1,400 each.
- The total buyback size is up to ₹70.00 Crore.
- Buyback represents 4.20% of paid-up equity and free reserves.
- Sundae Capital Advisors is managing the buyback offer.
- Board approved the buyback on May 19, 2026.
Price Impact
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