James Warren Buyback 2022 Record Date, Buyback Price, Entitlement Ratio

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Last updated on February 16, 2022

James Warren Buyback 2022

James Warren Buyback 2022 description – James Warren Tea Limited was incorporated as Dashabhooja Mercantile & Tourism Private Limited vide Certification of Incorporation issued by Registrar of Companies, Assam, Tripura, Manipur, Nagaland,Meghalaya, Arunachal Pradesh and Mizoram dated November 09, 2009.

The company was converted into a public company pursuant to a special resolution passed by the shareholders at their meeting held on May 29, 2013 and consequently its name was changed to the “James Warren Tea Limited”.

It is engaged in the business of growing, harvesting, manufacturing and selling of tea. Such business is carried on by JWTL through its six tea estates situated in diverse locations in the State of Assam i.e Balijan Tea Estate, Deamoolie Tea Estate, Dhoedaam Tea Estate, Rajah Alli Tea Estate, Thowra Tea Estate, Zaloni Tea Estate.

James Warren Buyback 2022 Details

Buyback Dates23 February – 9 March 2022
James Warren Buyback Price INR295 per share
Buyback Offer Size8,42,717 shares
Offer AmountINR24.86 crore
Offer TypeTender
Promoter ParticipationYes
Face Value INR10 per share
Listing AtBSE, CSE

James Warren Buyback Dates (Timeline)

Board Meeting for Buyback Proposal29 November 2021
Buyback Approval Date29 November 2021
Public Announcement of Buyback04 January 2022
James Warren Buyback Record Date14 January 2022
Buyback Opening Date23 February 2022
Buyback Closing Date9 March 2022
Cut-off Date to receive completed tender forms by Registrar11 March 2022
Verification Date by the Registrar 17 March 2022
Return of unaccepted shares by Registrar 21 March 2022
Extinguishment of accepted shares 30 March 2022

Registrar of James Warren Buyback 2022

MAHESHWARI DATAMATICS PRIVATE LIMITED
23, R. N. Mukherjee Road, 5th Floor,
Kolkata – 700001, West Bengal
Phone: +91 033 22448 2248 / 2243 5029
Fax: 033-22484787
Email[email protected]
Website: www.mdpl.in


Manager of James Warren Buyback 2022

FEDEX SECURITIES PRIVATE LIMITED
B 7, 3rd Floor, Jay Chambers, Dayaldas Road, Vile Parle(East)
Mumbai – 400 057
Phone: +91 81049 85249
Fax: 022 2618 6966
Email: [email protected]
Website: www.fedsek.in


James Warren Buyback 2022 Documents

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

James Warren Buyback Entitlement Ratio

reholder CategoryEntitlement RatioEntitlement Ratio (in %)
Reserved category for Small Shareholders103/60217.11
General category for all other Eligible Shareholders38/23915.90

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


James Warren’s Financial Performance

FY2019FY2020FY2021
Total Income148.9145.8134.0
Total Expenses140.3138.3114.9
Net income 4.03.028.9
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 James Warren 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 to the registrar.

Working Calculation of Amount Invested in James Warren Buyback

Maximum market value of a share holder as on record dateINR2,00,000
Buyback priceINR295
Maximum shares of a share holder as on record date (2,00,000/295)667 shares
Closing price of share as on record date (14 January 2022)INR266.10
Amount Invested in buyback (266.10 x 667 shares)INR1,77,488

Profit from the James Warren buyback by acceptance ratio

Acceptance ratioAmount invested in buybackNo. of shares buybackBuyback ProfitProfit in %
33% 1,77,4882236,4443.63
50% 1,77,4883389,7685.50
75% 1,77,48850814,6818.27
100% 1,77,48867719,56511.02

Frequently Asked Questions

When does James Warren buyback offer open?

Weizmann buyback opens on and closes on .

Which type of buyback is James Warren buyback offer?

James Warren Buyback is a tender offer.

What is James Warren buyback price?

James Warren Buyback price is INR295 per share.

What is James Warren buyback record date?

The record date is 14 January 2022.

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