Granules Buyback 2022 Record Date, Buyback Price, Entitlement Ratio

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Granules buyback

Granules Buyback 2022 description – The company is engaged in manufacturing and selling Formulation Intermediates, Active Pharmaceutical Ingredients, Pharmaceutical Formulation Intermediates, Oncology, High Potent APIs, Finished Dosage Forms. The last reported AGM (Annual General Meeting) of Granules India Limited, as per records, was held on 27 July, 2022. Also, as per records, its last balance sheet was prepared for the period ending on 31 March, 2022.

The company is incorporated on 18 March, 1991 as a public limited company and is located in Hyderabad, Telangana. It’s authorized share capital is INR 50.50 cr and the total paid-up capital is INR 24.83 cr. It’s operating revenues range is Over INR 500 cr for the financial year ending on 31 March, 2021. It’s EBITDA has increased by 74.32 % over the previous year. At the same time, it’s book networth has increased by 19.38%.


Granules Buyback 2022 Details

Buyback Dates27 Sep – 11 Oct 2022
Granules Buyback Price INR400 per share
Buyback Offer Size (Shares)62,50,000 shares
Buyback offer as % of total shares2.52%
Buyback Offer Size (Amount)INR250 crore
Offer TypeTender
Promoter ParticipationNA
Face Value INR1 per share
Listing AtBSE, NSE

Granules Buyback Dates (Timeline)

Board Meeting for Buyback Proposal9 August 2022
Buyback Approval Date9 August 2022
Public Announcement of Buyback11 August 2022
Granules Buyback Record Date23 August 2022
Buyback Opening Date27 September 2022
Buyback Closing Date11 October 2022
Cut-off Date to receive completed tender forms by Registrar11 October 2022
Verification Date by the Registrar11 October 2022
Return of unaccepted shares by Registrar20 October 2022
Extinguishment of accepted shares25 October 2022

Granules Buyback 2022 Documents

Offer Letter
Draft Letter of Offer
Public Announcement
Board Approval
Upcoming Share Buyback


Granules Buyback Entitlement Ratio

Shareholder CategoryEntitlement RatioEntitlement Ratio (in %)
Small Shareholders
(less than INR2 Lakh on record date)
1/205.00
General category
(for all other Eligible Shareholders)
19/8212.31

Small Shareholder is defined as shareholder who holds shares worth less than INR2,00,000 as on record date.


Granules’ Financial Performance

FY2020FY2021FY2022
Total Income2,336.393,148.713,255.95
Total Expenses1,681.542,297.382,610.14
Net income 444.07552.78386.52
Figures in INR crore 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 shareINR400
Maximum shares for small shareholder (2,00,000/400)500 shares*
Opening price of stock as on 10 August 2022INR320.85**
Maximum amount invested in buyback (500 shares)INR160,425
* No. of shares stands to change according to the closing price on record date
** For simplicity, we have considered price on buyback approval date

Granules Buyback Profit Guidance

Shares Tendered Buyback EntitlementAcceptanceBuyback ProfitProfit in %
5002525 (100%)1,9791.23
5002550 (200%)3,9582.47
5002575 (300%)5,9363.70

Registrar of Granules Buyback 2022

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


Manager of Granules Buyback 2022

Motilal Oswal Investment Advisors Limited
Motilal Oswal Tower,
Rahimtullah Sayani Road, Opposite Parel ST Depot,
Prabhadevi, Mumbai- 400 025, Maharashtra
Phone: 22 7193 4380
Email: [email protected]
Website: www.motilaloswalgroup.com


Process to Participate in Granules 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 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.


Frequently Asked Questions

When does Granules share buyback offer open?

Granules share buyback opens on 27 September 2022 and closes on 11 October 2022.

Which type of buyback is Granules buyback offer?

Granules buyback is a tender offer.

What is the Granules buyback price?

Granules buyback price is INR400 per share.

What is the Granules buyback record date?

Granules buyback record date is 23 August 2022.

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