Buyback19 May 2026, 01:45 pm
Dhanuka Agritech Approves ₹70 Cr Buyback at ₹1,400/Share
AI Summary
Dhanuka Agritech Ltd's board approved a buyback of up to 5,00,000 fully paid-up equity shares (1.11% of total paid-up equity) at ₹1,400 per share, totaling ₹70 Crore. The board also approved the audited financial results for the year ended March 31, 2026, and introduced the Dhanuka Employee Stock Option Plan 2026 and Dhanuka Stock Appreciation Rights Plan 2026, subject to shareholder approval at the upcoming AGM.
Key Highlights
- Board approves buyback of 5,00,000 equity shares at ₹1,400 per share.
- Audited financial results for FY26 approved with an unmodified opinion from auditors.
- Dhanuka Employee Stock Option Plan 2026 approved for up to 50,000 equity shares.
- Dhanuka Stock Appreciation Rights Plan 2026 approved for up to 1,25,000 SARs.
- ESOP and SARs plans are subject to member approval at the 41st AGM.
Price Impact
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