Dhanuka Agritech Buyback Record Date 2024, Price, Entitlement Ratio

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Last updated on September 7, 2024

Dhanuka Agritech Buyback Record Date

Dhanuka Agritech Buyback Record Date is 16 August 2024. 

Dhanuka Agritech is a leading agrochemical company in India, known for its wide range of products, including herbicides, insecticides, fungicides, and plant growth regulators. The company boasts over 300 product registrations across herbicides, insecticides, fungicides, and plant growth regulators. It offers approximately 90 products across all these segments.

Dhanuka Agritech has a pan-India presence, supported by a marketing team and warehouses in all major states. The company operates three manufacturing units and 41 warehouses across the country, serving approximately 6,500 distributors and dealers and around 80,000 retailers. Through this extensive network, Dhanuka reaches about 10 million Indian farmers with its products and services. The company employs over 1,000 techno-commercial staff, backed by a strong sales and marketing team, to promote and develop new products.

Dhanuka Agritech Ltd Buyback

Dhanuka Agritech Buyback Record Date, Other Details

Dhanuka Agritech Buyback Dates22 – 28 August 2024
Dhanuka Agritech Buyback Price INR 2,000 per share
Market Price on Buyback ApprovalINR 1,819.15 per share
Buyback Premium on Market Price9.94%
Buyback Offer Size (Shares)5,00,000 shares
Buyback Offer Size (Amount)INR 100 crore
Offer TypeTender
Promoter ParticipationYes
Face Value INR 2 per share
Listing AtBSE, NSE

Dhanuka Agritech Buyback Dates (Timeline)

Board Meeting Intimation for Buyback Proposal30 July 2024
Buyback Approval Date2 August 2024
Public Announcement of Buyback6 August 2024
Dhanuka Agritech Buyback Record Date16 August 2024
Buyback Opening Date22 August 2024
Buyback Closing Date28 August 2024
Cut-off Date to receive completed tender forms by Registrar28 August 2024
Verification Date by the Registrar30 August 2024
Return of unaccepted shares by Registrar4 September 2024
Extinguishment of accepted shares13 September 2024

Dhanuka Agritech Buyback 2024 Documents

Letter of Offer
Public Announcement
Board Approval
Upcoming Share Buyback


Dhanuka Agritech Buyback Entitlement Ratio

Shareholder CategoryEntitlement RatioEntitlement Ratio (in %)
Small Shareholders
(less than INR 2 Lakh on record date)
3/2810.71
General category
(for all other Eligible Shareholders)
5/5280.97
*Calculated by IPO Central

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


Dhanuka Agritech Financial Performance

FY 2022FY 2023FY 2024
Total Income1,477.781,700.221,758.54
Total Expenses1,217.601,424.641,474.75
Net Income 208.78233.51239.09
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 2,000
Maximum shares for small shareholders (2,00,000/2,000)100 shares*
The closing price of the stock as of 2 August 2024INR 1,819.15**
Maximum amount invested in buyback (INR 1,819.15 x 100 shares)INR 1,81,915
* 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

Dhanuka Agritech Buyback Acceptance Ratio

Shares Tendered Buyback EntitlementAcceptance ratioBuyback ProfitProfit in %
1001111 (100%)1,989.351.09
1001122 (200%)3,978.72.19
1001133 (300%)5,968.053.28

Registrar of Dhanuka Agritech Buyback 2024

BIGSHARE SERVICES PRIVATE LIMITED
Office No. S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali Caves Road, Andheri
(East), Mumbai – 400 093, Maharashtra
Phone: 022 – 6263 8200
E-mail: [email protected]
Website: www.bigshareonline.com


Manager of Dhanuka Agritech Buyback 2024

SUNDAE CAPITAL ADVISORS PRIVATE LIMITED
404, 4th floor, Vaibhav Chambers, Opp. Income Tax Office,
Bandra Kurla Complex Bandra (East), Mumbai – 400051
Phone: +91 22 3501 4499
Email: [email protected]
Website: www.sundaecapital.com


The Process to Participate in Dhanuka Agritech 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 Dhanuka Agritech buyback dates?

Dhanuka Agritech share buyback opens on 22 August 2024 and closes on 28 August 2024.

Which type of buyback is Dhanuka Agritech’s buyback offer?

Dhanuka Agritech buyback is a tender offer.

What is the Dhanuka Agritech buyback price?

Dhanuka Agritech’s buyback price is INR 2,000 per share.

What is the Dhanuka Agritech buyback record date?

The Dhanuka Agritech buyback record date is 16 August 2024.

How to participate in Dhanuka Agritech share buyback?

Dhanuka Agritech 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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