Atul Buyback 2023 Record Date, Buyback Price, Entitlement Ratio

Atul Buyback 2023 description – Atul is a diversified and integrated Indian chemical company (a part of Lalbhai Group, Gujarat). The company’s products are used in various industries and categorized under two segments, Life Science Chemicals, and Performance and Other Chemicals.

Since its incorporation, the company has manufactured many products for the first time in India Dyes including VAT dyes, crop care chemicals, Phosgene, Carbamite, 2,4-D Acid, para Cresol, and tissue culture-raised date palms. Atul is an improvement-driven, integrated chemical company serving about 4,000 customers belonging to 30 industries across the world.

Atul has manufacturing facilities located at Ankleshwar and Valsad in Gujarat & Tarapur in Maharashtra, with its main site spread across ~1,500 acres. It is working with ~2,000 distributors and 38,000 retailers to expand the reach of its products and brands across India and outside.

Atul Share Buyback 2023 Details

Buyback Closure Details

Atul Buyback Dates (Timeline)

Atul Buyback 2023 Documents

Completion of Buyback
Public Announcement
Board Approval
Upcoming Share Buyback

Atul Share Buyback Entitlement Ratio

There is no shareholder entitlement since the buyback will be conducted through open market purchases.

Atul Financial Performance

Registrar of Atul Buyback 2023

LINK INTIME INDIA PRIVATE LIMITED
506 – 508 Amarnath Bussiness Centre – 1,
Umashankar Joshi Marg, off C G Road
Ahmedabad 380006, Gujarat
Telephone: (+9179) 26465179/86/87
Email: [email protected]
Website: www.linkintime.co.in

Manager of Atul Buyback 2023

VIVRO FINANCIAL SERVICES PRIVATE LIMITED
607/608 Marathon Icon, Opp. Peninsula Corporate Park,
off. Ganpatrao Kadam Marg, Veer Santaji Lane,
Lower Parel, Mumbai – 400 013
Phone: +91 22 6666 8040
Email: [email protected]
Website: www.vivro.net

Process to Participate in Atul Buyback

Buybacks are conducted either through a tender process or an open market (stock exchanges).

Through Tender Process

All eligible shareholders of the company who own shares in the physical or demat form on the record date may participate in the buyback offer through their stockbroker. The eligible shareholders who hold the shares in demat form must notify their brokers of the details of the equity shares that they wish to tender in the buyback offer.

The shareholder must transfer the tendered shares to the clearing corporation’s Special account. In turn, the broker would place a buyback order on the stock exchange.

The eligible shareholders who own the shares in physical form must present their broker with the original share certificates and supporting documents. After document verification is complete, the broker places an order on the stock exchange and submits the original share certificate and TRS (Transaction Registration Slip) to the registrar.

Through Open Market (Stock Exchanges)

Investor shareholders don’t have to do anything as the company purchases shares through the open market at the prevailing rates and cancels the shares. Since the shares in circulation are reduced by these operations, the fair value of the remaining shares increases, effectively making them more valuable.

Frequently Asked Questions