Granules India Ltd Buyback
Share buyback offer — complete details, record date and status
Offer Price
₹595
Record Date
21 Aug 2024
Exchange
BSE,NSE
Type
Tender Offer
Buyback Size
₹250 Cr
Status
closed
About this Buyback
Granules India Ltd has announced a share buyback offer via the tender offer route on BSE,NSE. Shareholders holding shares as of the record date 21 Aug 2024 are eligible to participate at an offer price of ₹595 per share. A buyback typically reduces the company's outstanding share count and can be price-supportive for the residual shareholding.
Frequently Asked Questions
What is the Granules India Ltd buyback offer price?
The offer price is ₹595 per equity share.
When is the buyback record date?
The record date is 21 Aug 2024. Investors holding shares in their demat account at the end of the record date are eligible to participate.
What is a tender offer buyback?
In a tender offer, the company invites existing shareholders to tender (offer) their shares back to the company at a fixed price. The company then accepts shares on a proportionate basis, typically resulting in a partial acceptance for retail shareholders.
Is it mandatory to participate in a buyback?
No. Buyback participation is voluntary. Shareholders who choose not to tender their shares simply continue to hold their existing shares.
Other Recent Buybacks
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|---|---|---|---|
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| JAI MATA GLASS LTD | ₹2 | 04 Sep 2026 | open |
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Disclaimer: This information is for educational purposes only and is not investment advice. Verify all details with the company's official buyback offer document before participating.