Aurobindo Pharma Buyback Record Date 2024, Price, Entitlement Ratio

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Last updated on August 2, 2024

Aurobindo Pharma Buyback Record Date

Aurobindo Pharma Buyback Record Date is 30 July 2024. 

Aurobindo Pharma is a leading Indian pharmaceutical company founded in 1986. Aurobindo manufactures and markets generic pharmaceuticals and active pharmaceutical ingredients (APIs) across major therapeutic areas such as antibiotics, antiretrovirals, central nervous system, cardiovascular, anti-diabetics, and more.

The company has a large diversified product portfolio with over 870 marketed drugs and a strong global presence, exporting to over 150 countries. Aurobindo operates state-of-the-art manufacturing facilities approved by leading regulatory bodies like the US FDA, UK MHRA, TGA Australia, and EMA, as well as R&D centers leveraging a team of over 1,700 expert scientists and analysts globally.

Aurobindo Pharma Buyback

Aurobindo Pharma Buyback Record Date, Other Details

Aurobindo Pharma Buyback Dates5 – 9 August 2024
Aurobindo Pharma Buyback Price INR 1,460 per share
Market Price on Buyback ApprovalINR 1,330 per share
Buyback Premium on Market Price9.77%
Buyback Offer Size (Shares) 51,36,986 shares
Buyback Offer Size (Amount)INR 750 crore
Offer TypeTender
Promoter ParticipationYes
Face Value INR 1 per share
Listing AtBSE, NSE

Aurobindo Pharma Buyback Dates (Timeline)

Board Meeting Intimation for Buyback Proposal14 July 2024
Buyback Approval Date18 July 2024
Public Announcement of Buyback22 July 2024
Aurobindo Pharma Buyback Record Date30 July 2024
Buyback Opening Date5 August 2024
Buyback Closing Date9 August 2024
Cut-off Date to receive completed tender forms by Registrar9 August 2024
Verification Date by the Registrar14 August 2024
Return of unaccepted shares by Registrar19 August 2024
Extinguishment of accepted shares28 August 2024

Aurobindo Pharma Buyback 2024 Documents

Letter of Offer
Public Announcement
Board Approval
Upcoming Share Buyback


Aurobindo Pharma Buyback Entitlement Ratio

Shareholder CategoryEntitlement RatioEntitlement Ratio (in %)
Small Shareholders
(less than INR 2 Lakh on record date)
5/4112.20
General category
(for all other Eligible Shareholders)
4/5310.75

A small shareholder is defined as a shareholder who holds shares worth less than INR 2,00,000 as of the record date.


Aurobindo Pharma Financial Performance

FY 2022FY 2023FY 2024
Total Income23,45524,85529,002
Total Expenses19,06021,14823,176
Net Income 2,6471,9283,169
Figures in INR Crores unless specified otherwise

Calculation of Investment in Buyback

Maximum market value of a shareholder as on record dateINR 2,00,000
Buyback price per shareINR 1,460
Maximum shares for small shareholders (2,00,000/1,460) 137 shares *
The closing price of the stock as of 18 July 2024INR 1,330**
Maximum amount invested in buyback (INR 1,330 x 137 shares)INR 1,82,210
* No. of shares stands to change according to the closing price on the record date
** For simplicity, we have considered the price on the buyback approval date

Aurobindo Pharma Buyback Acceptance Ratio

Shares Tendered Buyback EntitlementAcceptance ratioBuyback ProfitProfit in %
1371717 (100%)2,2101.21
1371734 (200%)4,4202.43
1371751 (300%)6,6303.64

Registrar of Aurobindo Pharma Buyback 2024

KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: +91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com


Manager of Aurobindo Pharma Buyback 2024

AXIS CAPITAL LIMITED
1st floor, Axis House, C-2 Wadia International Centre,
P.B. Marg, Worli, Mumbai – 400025
Tel: +91 22 4325 2183
E-mail: [email protected]
Website: www.axiscapital.co.in


The Process to Participate in Aurobindo Pharma Buyback

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.


Frequently Asked Questions

What are Aurobindo Pharma buyback dates?

Aurobindo Pharma’s share buyback opens on 5 August 2024 and closes on 9 August 2024.

Which type of buyback is Aurobindo Pharma buyback offer?

Aurobindo Pharma’s buyback is a tender offer.

What is Aurobindo Pharma buyback price?

Aurobindo Pharma buyback price is INR 1,460 per share.

What is the Aurobindo Pharma buyback record date?

Aurobindo Pharma buyback record date is 30 July 2024.

How to participate in Aurobindo Pharma share buyback?

Aurobindo Pharma’s share buyback will be conducted through the tender process and investors who hold the shares on record date can place orders through their broker.

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