Technocraft Industries Buyback Record Date 2024, Price, Entitlement Ratio

Last updated on August 30, 2024

Technocraft Industries Buyback Record Date is 27 August 2024. 

Established in 1992, Technocraft Industries (India) has become a leading name in the manufacturing sector, specializing in high-precision products like Drum Closures, Scaffolding systems, Cotton Yarn, Fabric, Garments, and Engineering Services. The company runs several manufacturing facilities in India and one in China, employing over 3,000 people and exporting to more than 80 countries across the globe.

The company operates manufacturing facilities with installed capacities of 40,000 MT in India and 25,000 MT in China (recently shifted to India) for scaffolding. In the Yarn division, the company boasts a capacity of 87,000 spindles. The drum closures segment has an annual capacity of 55 million sets in India and 15 million sets in China.

Technocraft Industries Buyback Record Date, Other Details

Technocraft Industries Buyback Dates (Timeline)

Technocraft Industries Buyback 2024 Documents

Letter of Offer
Public Announcement
Board Approval
Upcoming Share Buyback

Technocraft Industries Buyback Entitlement Ratio

A small shareholder is defined as a shareholder who holds shares worth less than INR 2,00,000 as of the record date.

Technocraft Industries Financial Performance

Calculation of Investment in Buyback

Technocraft Industries Buyback Acceptance Ratio

Registrar of Technocraft Industries Buyback 2024

LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 911 4949
Email: [email protected]
Website: www.linkintime.co.in

Manager of Technocraft Industries Buyback 2024

SYSTEMATIX CORPORATE SERVICES LIMITED
The Capital, A-Wing, 6th Floor,
No. 603-606, Plot No. C-70, G-Block,
Bandra-Kurla Complex (BKC), Bandra (East),
Mumbai 400 051, Maharashtra
Tel. No.: +91-22-6704 8000
Email: [email protected]
Website: www.systematixgroup.in

The Process to Participate in Technocraft Industries 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