Amrutanjan Health Care Buyback 2023 vs Emami Limited Buyback 2023

The proposed Buy-back will help the Company achieve the following objectives:

1. Improve the valuation of the Company and fair valuation of the share price
2. Enhancing the overall return to shareholders in the long run
3. Creating long term value for shareholders
4. Improving the fundamental ratios of the Company
5. Exit option to shareholders, particularly small shareholders, at a premium over market price.

The Buyback aims to:
i) Return surplus cash to its Shareholders.
ii) Reduce the outstanding number of equity shares and consequently increase earnings per share and book value per share.
iii) Improve key return ratios like return on equity capital.