Hinduja Global Buyback 2022 Record Date, Buyback Price, Entitlement Ratio

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Hinduja Global Buyback 2022

Hinduja Global Buyback 2022 description – The Hinduja Group has become one of the largest diversified groups in the world spanning all the continents. The Group employs over 150,000 people and has offices in many key cities of the world.

Its business are diversified in the fields of automotive, information technology, media, entertainment and communications, infrastructure projects, development, oil and specialty chemicals, power, real estate, and healthcare, spanning across continents. The group is lead by Chairman Srichand Hinduja and he is ably supported by his brothers, Gopichand, Prakash, and Ashok Hinduja.

Hinduja Global Buyback 2022 Details

Buyback DatesComing soon
Hinduja Global Buyback Price 
Buyback Offer Sizeshares
Buyback offer as % of total shares
Offer AmountINR1,000 crore
Offer Type
Promoter Participation
Face Value 
Listing At

Hinduja Global Buyback Dates (Timeline)

Board Meeting for Buyback Proposal14 January 2022
Buyback Approval Date14 January 2022
Public Announcement of BuybackComing soon
Hinduja Global Buyback Record DateComing soon
Buyback Opening DateComing soon
Buyback Closing DateComing soon
Cut-off Date to receive completed tender forms by RegistrarComing soon
Verification Date by the RegistrarComing soon
Return of unaccepted shares by RegistrarComing soon
Extinguishment of accepted sharesComing soon

Registrar of HGS Buyback


Manager of HGS Buyback


Hinduja Global Buyback 2022 Documents

Letter Of Offer
Draft Offer Letter
Public Announcement
Upcoming Share Buyback

Pre-Buyback Shareholding Pattern of Hinduja Global

Shareholder CategoryNo. of shares% of shares
Promoters
DIIs/MFs
FIIs/FPIs/NRIs
Bodies corporate
Grand Total
Shareholding as on


Hinduja Global Buyback Entitlement Ratio

Shareholder CategoryEntitlement RatioEntitlement Ratio (in %)
Reserved category for Small Shareholders
General category for all other Eligible Shareholders

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


Hinduja Global’s Financial Performance

FY2019FY2020FY2021
Total Income2,074.52,680.12,915.7
Total Expenses1,488.91,904.51,891.1
Net income 387.0467.7647.4
Net Worth2,245.22,598.92,995.6
Figures in INR crore unless specified otherwise

Necessity of the Buyback

  • The buy-back gives an option to the equity shareholders to participate in the buy-back and receive cash in lieu of Equity Shares accepted under the buy-back.
  • The buy-back helps to return surplus cash to its shareholders, in proportion to their shareholding, thereby, enhancing the overall returns to shareholders.
  • The buy-back would help in improving Earning per share (EPS), Return on asset (ROA) and Return on equity (ROE) ratios of the Company.
  • The buy-back, which is being implemented through the Tender Offer route as prescribed under the Buyback Regulations, would involve a reservation for small shareholders as defined in the Buy-back Regulations.

Process to Participate in Hinduja Global Buyback

  • All eligible shareholders of the company who own physical shares or demat Shares on the record date may participate in the buyback offer through their stock broker. The eligible shareholder who holds the shares in demat form must notify their broker 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 shareholder who owns 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.

Working Calculation of Amount Invested in Hinduja Global Buyback

Maximum market value of a share holder as on record dateINR2,00,000
Buyback priceINR
Maximum shares of a share holder as on record date (2,00,000/) shares
Closing price of share as on record date ()INR
Amount Invested in buyback ( x shares)INR

Profit from the Hinduja Global buyback by acceptance ratio

Acceptance ratioAmount invested in buybackNo. of shares buybackBuyback ProfitProfit in %
33%
50%
75%
100%


Frequently Asked Questions

When does Hinduja Global buyback offer open?

Hinduja Global buyback opens on NA and closes on NA.

Which type of buyback is Hinduja Global buyback offer?

Hinduja Global Buyback is a

What is Hinduja Global buyback price?

Hinduja Global Buyback price is INR per share.

What is Hinduja Global buyback record date?

The record date is .

2 COMMENTS

  1. HGS, first go for bonus share in 1:1 proportion. Hope it will take place in next month. Later, there will be buy back. So, this news has no important, as buy back doesn’t take place this month or next month….

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