Amrutanjan Health Care Buyback 2023 vs Goldiam International 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 is undertaken for the following reasons:

1. The Company believes that the strong future and outlook of its business activities is not accurately reflected in the prevailing market price, thereby giving an opportunity for Buyback to create long-term value for its shareholders.
2. The Buyback would help in improving financial ratios like earnings per share and return on equity, by reducing the equity base of the Company; thereby, enhancing the overall return to shareholders.
3. The Buyback gives the Eligible equity shareholders the choice to either (A) participate in the Buyback and receive cash in lieu of Equity Shares accepted under the Buyback or (B) not to participate in the Buyback and enjoy a resultant increase in their percentage shareholding in the Company post the Buyback, without additional investment.