Comparison between Axita Cotton Buyback 2023 and Emami Limited Buyback 2023.
Axita Cotton Buyback 2023 is a Tender Offer buyback proposed to list at BSE, NSE while Emami Limited Buyback 2023 is a Open Market Through Stock Exchange proposed to list at BSE, NSE.
| Axita Cotton Ltd. | Emami Ltd. | |
|---|---|---|
| Logo |  | |
| Type of Buyback | Tender Offer | Open Market Through Stock Exchange |
| Listing At | BSE, NSE | BSE, NSE |
| Face Value | ₹1 per share | ₹1 per share |
| Buyback Price | ₹56 per share | ₹450 per share |
| Issue Size | 9,00,000 shares | |
| Issue Size (Amount) | ₹5.04 Crores | ₹186.00 Crores |
| Buyback Ratio | ||
| Registrar | Skyline Financial Services Pvt.Ltd. | Maheshwari Datamatics Pvt.Ltd. |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. | IIFL Capital Services Ltd. |
| Necessity of the buyback | The buyback is a capital allocation decision taken by the company. The buyback will help the company to distribute a part of the surplus cash to its shareholders holding Equity Shares thereby, optimizing returns to the shareholders and enhancing the overall shareholders' value in the longer term, and improving the return on equity. | The Buyback aims to: |
Axita Cotton Buyback 2023 and Emami Limited Buyback 2023 buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Axita Cotton Buyback 2023 Buyback record date is Jun 02, 2023. Emami Limited Buyback 2023 Buyback record date is .
| Axita Cotton Ltd. | Emami Ltd. | |
|---|---|---|
| Record Date | Jun 02, 2023 | |
| Offer Open Date | Jun 08, 2023 | Apr 13, 2023 |
| Offer Closure Date | Jun 14, 2023 | Jul 06, 2023 |
| Last date for receipt of tender forms | Jun 14, 2023 | |
| Finalisation of buyback | Jun 21, 2023 | |
| Last Date for settlment of bids | Jun 21, 2023 | |
| Last Date for extinguishment of shares | Jul 03, 2023 |
Comparison of Axita Cotton Buyback 2023 and Emami Limited Buyback 2023 financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.
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| Stock price at BSE | Stock price at BSE (in preceding 3 months)
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| Stock price at NSE | Stock price at NSE (in preceding 3 months)
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