Feedback Message Board

Emami is likely to consider the Buyback of the shares during the meeting of the Board of Directors on 03/02/2022. However, the previous buyback in 2020 was through the Open Offer. Let’s wait and see the outcome of the meeting of the Board of Directors. Thank you.

Prasen ji,
BUYBACK of HGS shares is likely to be during the last week of this month/ first or second week of March. It’s only a presumption.No confirmation of the period of the buyback so far.
In the open market mode, buyback of shares will be done through the stock exchange at the then prevailing rates. No fixed price. The period of buyback will be for a longer period. Not of any advantageous position to the investors except the probability of price increases to certain extent before or during the period of buyback.
In the case of Tender route, the price will be a fixed one and the period of the buyback will be normally for two weeks only. Process will be through the Registrar of the buyback. As you will be knowing the price of the buyback, you can take a decision whether you can participate by purchasing the shares afresh duly ensuring that the shares will be credited to the Dmat account by the record date.
If you go through the messages in the buyback pages, you will definitely be understanding better. Thank you.

Thanks sir for your valuable suggestion .