Ajanta Pharma Buyback 2023 Record Date, Price & Ratio Details – IPO Watch

Ajanta Pharma buyback 2023 was announced on March 6, 2023. The Ajanta Pharma buyback open date will be announced soon. Ajanta Pharma buyback record date is March 24, 2023. The investor should buy the Ajanta Pharma shares before the record date to get eligibility for the buyback.

Ajanta Pharma Buyback of ₹389 crores approved by the board of directors at the meeting was held on March 6, 2023. Ajanta Pharma Buyback will be done via the Tender Offer route through the stock exchange mechanism. The board of directors of the company approved the buyback by the Company of its fully paid-up equity shares having a face value of ₹2 each equity share at a price of ₹1425 per Equity Share and for an aggregate amount not exceeding ₹389 crores from the shareholders. Check out Ajanta Pharma Buyback 2023 details below:

Ajanta Pharma Limited is a multinational company engaged in the development, manufacturing, and marketing of pharmaceutical formulations. They have a presence in India, the United States, Africa, South East Asia, West Asia, and CIS. The company was established in 1973. Ajanta Pharma reported revenue of 2,916 crores in 2023-2021. The company has over 7000 employees working globally. They have 7 manufacturing facilities in India. They have designed a customized basket of products for each of these markets and serve a wide range of therapeutic segments like Anti-Biotic, Anti-Malarial, Anti-Diabetic, Cardiology, Gynecology, Orthopedics, Pediatric, Respiratory & General Health products. Check out Ajanta Pharma’s buyback details here.

Ajanta Pharma Buyback History

• February 2022 – They buyback of 1,120,000 equity shares worth ₹285.60 Crores at the buyback price of ₹2550 per share.

Ajanta Pharma Buyback 2023 Dates

Ajanta Pharma Buyback 2023 Offer Details

Ajanta Pharma buyback of 2,210,500 equity shares at a price of ₹1,425 per equity share. The buyback offers not to exceed ₹389 crores of the total buyback offer size.

Ajanta Pharma Buyback 2023 Acceptance Ratio

The investor should buy around 140 shares at a current market price of ₹1,169 (as of March 6, 2023). The calculation will be ₹2,00,000 / ₹1,425 buyback price = 140 shares.

Ajanta Pharma Financial Report

How to Participate in Ajanta Pharma Buyback 2023

The investors are eligible for the buyback scheme who have Ajanta Pharma shares in their Demat Acount before the record date. Eligible Share Holders can participate in the Ajanta Pharma Buyback 2023 scheme as per the opening form by selling their shares. The payment will be given as per the Ajanta Pharmaepted shares by the company under the Ajanta Pharma buyback scheme.

Ajanta Pharma Buyback 2023 Registrar

To be updated soon

Ajanta Pharma Buyback 2023 Lead Managers

Ajanta Pharma Company Address

Ajanta Pharma Limited
Ajanta House, Charkop,
Kandivali West,
Mumbai 400 067
Phone: +91 22 6606 1000
Email: [email protected]
Website: http://www.ajantapharma.com/

How to Apply the Ajanta Pharma Buyback through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on Corporate Actions. You will see the Company Name “Ajanta Pharma”. Click on Place Order. Enter your Quantity and submit Ajanta Pharma Buyback Application Form.

How to Apply the Ajanta Pharma Buyback through Upstox?

Log in to Upstox Application with your credentials. Select the Ajanta Pharmaount Section. You will see the Company Name “Ajanta Pharma”. Click on Ajanta Pharma Stock for Buyback. Enter your Quantity and submit Ajanta Pharma Buyback Application Form.

How to Apply the Ajanta Pharma Buyback through Ajanta Pharma Money?

Log in to Ajanta Pharma Money Application with your credentials. Select the Ajanta Pharma. Enter your Quantity and submit Ajanta Pharma Buyback Application Form.

Ajanta Pharma Buyback 2023 FAQs

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