Chittorgarh.com Logo
Loading...

Balrampur Chini Buyback 2022 FAQ's

Balrampur Chini Buyback 2022 Detail
Buyback Record Date
Buyback Open Date Nov 16, 2022
Buyback Closing Date May 15, 2023
Issue Size (Amount) ₹145.45 Crores
Buyback Price ₹360 per Share

Balrampur Chini Buyback 2022 Date & Price FAQs

The Balrampur Chini Buyback 2022 price is set at Rs 360 Per Share. The Balrampur Chini Buyback 2022 opens on Nov 16, 2022 and closes on May 15, 2023.

There is no concept of Tender form in case of an open market offer through the Stock exchange. Any equity shareholder holding the Equity shares of Balrampur Chini Buyback 2022 can participate in the buyback offer through their stockbroker.

The Public Announcement for Balrampur Chini Buyback 2022 can be download here.

Any equity shareholder holding the shares in Demat form can participate in the buyback offer through their stockbroker. The physical shareholder can participate only once the shares get converted into a Dematerialized form.

The shareholder needs to inform their broker on the details of the Equity shares they wish to sell. The broker will place a sell order whenever the company places a buy order for the buyback. The trade would get executed at the offer price or lesser only when the price offered by the shareholder matches with the buy order placed by the company.

Necessity of the Issue:

The buyback is being undertaken for the following reason:

1.To optimize returns to shareholders.

2. To enhance overall shareholder value.

3. To optimize capital structure.

The Balrampur Chini Buyback 2022 offers an opportunity for the shareholders to exit their positions at a premium price. In case you stay invested you would have an increased percentage of shareholding in the company and improved earnings per share. Thus, one should understand the company fundamentals along with one’s need, goals, and risk appetite to decide if one wants to stay invested or participate in the buyback offer.


Comments

Add a public comment...