Dhampur Sugar Buyback 2024 Record Date, Price, Entitlement Ratio


Last updated on January 23, 2024

Dhampur Sugar Mills Buyback 2024

Dhampur Sugar Buyback 2024 Description – Founded in 1933, Dhampur Sugar Mills stands as one of India’s foremost integrated sugarcane processing companies. Through consistent and frequently pioneering initiatives aimed at unlocking the complete potential of sugarcane, the company has successfully diversified its portfolio. Beyond sugar production, it now encompasses renewable power, fuel ethanol, alcohol, extra-neutral alcohol, alcohol-based chemicals, and bio-fertilizers.

Dhampur Sugar Mills possessed a daily cane processing capacity of 23,500 Tonnes as of 31 March 2023. Its distillery possessed a capacity of 350 Kilo liters per day (KLPD), including a 130 KLPD expansion in the last quarter of FY 23. The power generation capacity was 121 MW by the close of the year under review.

The company is organized into six main business segments, namely

  • Sugar which consists of the manufacture and sale of Sugar and its byproducts
  • Chemicals which consist of the manufacture and sale of Ethyl Acetate
  • Ethanol which consists of the manufacture and sale of RS, Ethanol, ENA, Industrial Alcohol
  • Potable Spirits which consist of the manufacture and sale of Country liquor
  • Power which consists of the co-generation and sale of power
  • Others consist of the sale of petrol and agricultural products
Dhampur Sugar Mills

Dhampur Sugar Buyback 2024 Details

Dhampur Sugar Buyback Dates23 – 30 January 2024
Dhampur Sugar Buyback Price INR 300 per share
Market Price on Buyback ApprovalINR 269.20 per share
Buyback Premium on Market Price11.44%
Buyback Offer Size (Shares) 10,00,000 shares
Buyback Offer Size (Amount)INR 30 crore
Offer TypeTender
Promoter ParticipationYes
Face Value INR 10 per share
Listing AtBSE, NSE

Dhampur Sugar Buyback Dates (Timeline)

Board Meeting Intimation for Buyback Proposal31 December 2023
Buyback Approval Date3 January 2024
Public Announcement of Buyback5 January 2024
Dhampur Sugar Buyback Record Date17 January 2024
Buyback Opening Date23 January 2024
Buyback Closing Date30 January 2024
Cut-off Date to receive completed tender forms by Registrar30 January 2024
Verification Date by the Registrar2 February 2024
Return of unaccepted shares by Registrar6 February 2024
Extinguishment of accepted shares15 February 2024

Dhampur Sugar Mills Buyback 2024 Documents

Letter of Offer
Public Announcement
Board Approval
Upcoming Share Buyback

Dhampur Sugar Mills Buyback Entitlement Ratio

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

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

Dhampur Sugar Mills Financial Performance

FY 2021FY 2022FY 2023
Total Expenses2,045.822,004.212,625.65
Net income 143.45146.95150.30
Figures in INR Crores unless specified otherwise

Calculation of Investment in Buyback

Maximum market value of a share holder as on record dateINR 2,00,000
Buyback price per shareINR 300
Maximum shares for small shareholders (2,00,000/300) 667 shares *
The closing price of the stock as of 3 January 2024INR 269.20**
Maximum amount invested in buyback (INR 269.20 x 667 shares)INR 1,79,556.4
* 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

Dhampur Sugar Buyback Acceptance Ratio

Shares Tendered Buyback EntitlementAcceptance ratioBuyback ProfitProfit in %
6671414 (100%)431.20.24
6671428 (200%)862.40.48
6671442 (300%)1,239.60.72

Registrar of Dhampur Sugar Buyback 2024

Alankit House, 2E/21,
Jhandewalan Extension, New Delhi, 110055
Phone: 011-42541234, 42542354
Email: [email protected]
Website: www.alankit.com

Manager of Dhampur Sugar Buyback 2024

Level 9, Centrum House, CST Road, Vidyanagari Marg,
Kalina, Santacruz (E), Mumbai 400098, India
Phone: +91 22 4215 9224/9816
Email: [email protected]
Website: www.centrum.co.in

Process to Participate in Dhampur Sugar Mills 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. 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 complete document verification, 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 Dhampur Sugar buyback dates?

Dhampur Sugar share buyback opens on 23 January 2024 and closes on 30 January 2024.

Which type of buyback does Dhampur Sugar buyback offer?

Dhampur Sugar buyback is a tender offer.

What is Dhampur Sugar buyback price?

Dhampur Sugar buyback price is INR 300 per share.

What is Dhampur Sugar buyback record date?

Dhampur Sugar buyback record date is 17 January 2024.

How to participate in Dhampur Sugar share buyback?

Dhampur Sugar 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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