Emami Buyback 2023 Record Date, Buyback Price, Entitlement Ratio


Last updated on July 6, 2023

Emami Buyback 2023

Emami Buyback 2023 description – Emami is engaged in manufacturing & marketing of personal care & healthcare products with an enviable portfolio of household brand names such as BoroPlus, Navratna, Fair and Handsome, Zandu Balm, Kesh King, Zandu Pancharishta, Mentho Plus Balm and others.

Established in 1974, the company has a portfolio of over 300 products based on ayurvedic formulations. Emami’s current operations comprise more than 60 countries in various geographies including SAARC, MENAP, SEA, Africa, Eastern Europe, and the CIS countries. Emami recorded a turnover of INR 3,192 crore, in 2021-22.

The company employs more than 3,200 people and reaches out to 49 lakh retail outlets through a network of over 2,800 distributors. It offers a consumer portfolio of more than 9 brands and 13 sub-brands.

Emami 2023

Emami Buyback 2023 Details

Buyback Dates13 April – 5 July 2023
Buyback Maximum Price INR 450 per share
Market Price on Buyback ApprovalINR 361 per share
Buyback Premium on Market Price24.65%
Buyback Offer Size (Minimum Shares)41,33,333 shares
Buyback Offer Size (Maximum Amount)INR 186 crore
Offer TypeOpen Market (Stock Exchange)
Promoter ParticipationNo
Face Value INR 1 per share
Listing AtBSE, NSE

Buyback Closure Details

Buyback Average PriceINR 398.50 per share
Buyback Offer Size (Shares)46,50,000 shares
Buyback Offer Size (Amount)INR 185.30 crore

Emami Buyback Dates (Timeline)

Board Meeting Intimation for Buyback Proposal21 March 2023
Buyback Approval Date24 March 2023
Public Announcement of Buyback28 March 2023
Buyback Record Date12 April 2023
Buyback Opening Date13 April 2023
Buyback Closing Date5 July 2023

Emami Buyback 2023 Documents

Completion of Buyback
Public Announcement
Intimation of Record date
Board Approval
Upcoming Share Buyback

Emami Buyback Entitlement Ratio

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

Emami Financial Performance

FY 2020FY 2021FY 2022
Total Income2,6552,8813,192
Total Expenses1,9702,0002,254
Net income 302455837
Figures in INR crore unless specified otherwise

Registrar of Emami Buyback 2023

23 R. N. Mukherjee Road,
5th Floor, Kolkata -700001
Tel No: (033) 22482248, 22435029
Fax: (033) 22484787
Email: [email protected]
Website: http://www.mdpl.in

Manager of Emami Buyback 2023

10th Floor, IIFL Centre, Kamala Mills,
Senapati Bapat Marg, Lower Parel (West)
Tel. No.: +91 22 4646 4728
Fax No.: +91 22 2493 1073
Email: [email protected]
Website: www.iiflcap.com

Process to Participate in Emami Limited Buyback

Buybacks are conducted either through a tender process or 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 stock broker. 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 increase, effectively making them more valuable.

Frequently Asked Questions

What are Emami Buyback dates?

Emami share Buyback opens on 13 April 2023 and closes on 5 July 2023.

Which type of buyback is Emami Buyback offer?

Emami Buyback is an open market offer.

What is Emami Buyback price?

Emami Buyback price is INR 450 per share.

What is Emami Buyback record date?

Emami Buyback record date is 12 April 2023.

How to participate in Emami Share Buyback?

Emami share buyback will be conducted through open market purchases and thus, no special participation is required from investors.


Please enter your comment!
Please enter your name here