James Warren Buyback 2023 Record Date, Buyback Price, Entitlement Ratio

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James Warren Tea Buyback 2023

James Warren Buyback 2023 description – The company traces its legacy back to James Warren who planted his first tea estate near Dibrugarh in 1850. More properties were been added subsequently and Warren Tea was acquired by Govind Ruia, a prominent businessman from Manchester (UK) in 1983.

James Warren Tea has over 9, 500 employees and is spread over 4,000 hectares of land. Its estates have the ability to produce CTC and Orthodox teas and the teas are enjoyed in India and across the globe.

James Warren Tea Estates Includes:

  • Balijan (H) Tea Estate
  • Deamoolie Tea Estate
  • Dhoedhaam Tea Estate
  • Rajah Alli Tea Estate
  • Thowra Tea Estate
  • Zaloni Tea Estate
James Warren Tea

James Warren Share Buyback 2023 Details

James Warren Buyback Dates24 – 28 July 2023
James Warren Buyback Price INR 250 per share
Market Price on Buyback ApprovalINR 240 per share
Buyback Premium on Market Price4.17%
Buyback Offer Size (Shares)7,00,000 shares
Buyback Offer Size (Amount)INR 17.50 crore
Offer TypeTender
Promoter ParticipationYes
Face Value INR 10 per share
Listing AtBSE

James Warren Buyback Dates (Timeline)

Board Meeting Intimation for Buyback Proposal24 June 2023
Buyback Approval Date30 June 2023
Public Announcement of Buyback8 July 2023
James Warren Buyback Record Date18 July 2023
Buyback Opening Date24 July 2023
Buyback Closing Date28 July 2023
Cut-off Date to receive completed tender forms by Registrar28 July 2023
Verification Date by the Registrar1 August 2023
Return of unaccepted shares by Registrar4 August 2023
Extinguishment of accepted shares14 August 2023

James Warren Buyback 2023 Documents

Letter of Offer
Public Announcement
Board Approval
Upcoming Share Buyback


James Warren Tea Buyback Entitlement Ratio

Shareholder CategoryEntitlement RatioEntitlement Ratio (in %)
Small Shareholders
(less than INR 2 Lakh on record date)
7/4415.91
General category
(for all other Eligible Shareholders)
7/4415.91

Small Shareholder is defined as shareholder who holds shares worth less than INR 2,00,000 as on record date.


James Warren Tea Financial Performance

FY 2021FY 2022FY 2023
Revenue128.29111.18130.49
Total Expenses100.37104.26128.95
Net income 28.968.259.49
Figures in INR crores 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 shareINR 250
Maximum shares for small shareholder (2,00,000/250)800 shares *
Closing price of stock as on 30 June 2023INR 240**
Maximum amount invested in buyback (INR 240 x 800 shares)INR 1,92,000
* No. of shares stands to change according to the closing price on record date
** For simplicity, we have considered price on buyback approval date

James Warren Buyback Acceptance Ratio

Shares Tendered Buyback EntitlementAcceptance ratioBuyback ProfitProfit in %
800128128 (100%)1,2800.67
800128256 (200%)2,5601.33
800128384 (300%)3,8402.00

Registrar of James Warren Buyback 2023

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


Manager of James Warren Buyback 2023

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


Process to Participate in James Warren 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 James Warren buyback dates?

James Warren Tea share buyback opens on 24 July 2023 and closes on 28 July 2023.

Which type of is James Warren buyback offer?

James Warren Tea buyback is a tender offer.

What is James Warren buyback price?

James Warren buyback price is INR 250 per share.

What is James Warren buyback record date?

James Warren buyback record date is 18 July 2023.

How to participate in James Warren Tea share buyback?

James Warren Tea 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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