ACC Limited Buyback 2022 announced on 15 May 2022. The ACC Limited buyback to start from 26 August 2022 and closes on 09 September 2022. The Company will do Buyback with equity of 4,89,56,419 Equity Shares around 26.00% of Face Value ₹10/ Each Fully paid off at a Price Of ₹2300/- Per Equity. The size of this Buyback is about ₹11259.98 Crores. And this will be done through a Buyback Open Market.
ACC Limited (ACC) is a leading player in the Indian building materials space, with a pan-India operational and marketing presence. ACC Limited (incorporated in 1936), a member of the LafargeHolcim Group, is principally engaged in the business of manufacturing and selling of Cement and Ready Mix Concrete. The Company has manufacturing facilities across India and caters mainly to the domestic market.
The company established our reputation as a pioneer organisation that has consistently set new benchmarks with our innovative research and product development. With our experience and expertise spanning over eight decades, The company have actively contributed to India’s progress.
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ACC Limited (ACC) is one of the leading players in the Indian building materials space with 17 modern cement factories, 90 ready mixed concrete plants, a vast distribution network of over 10,000 channel partners and a countrywide spread of sales offices, Headquartered in Mumbai.
The company has 17 cement plants, 9 captive power plants, 85 ready mix concrete plants, 6,643 employees and a vast distribution network of 56,000 dealers & retailers and a countrywide spread of sales offices. ACC’s operations span the whole country with cement factories, ready mix concrete plants, regional offices, sales units and area offices. If you wish to download a map showing ACC’s network.
Necessity of the Issue :
- This Open Offer has been triggered pursuant to the execution of the Share Purchase.
ACC Limited Buyback 2022 Offer Details:
| Event Name | Details |
| Buyback Type | Open Market |
| Buyback Record Date | Open Market |
| Buyback Offer Amount | ₹11,259.97 Cr |
| Date of Board Meeting approving the proposal | 15 May 2022 |
| Date of Public Announcement | 10 August 2022 |
| Buyback Offer Size | 26% |
| Buyback Number of Shares | 4,89,56,419 |
| Listing | NSE, BSE |
| Face Value | ₹10/- |
| Buyback Price | ₹2300/- per share. |
ACC Limited Buyback 2022 Dates :
We have covered all important dates related to “ACC Buyback 2022” Buyback Activity Dates are updated as they are announced.
| Buyback Activity | Dates |
| Board Meeting for Buyback proposal | 15 May 2022 |
| Buyback Approval date | 15 May 2022 |
| Public Announcement Date | 10 August 2022 |
| Buyback Record Date | Open Market |
| Buyback Opening Date | 26 August 2022 |
| Buyback Closing Date | 09 September 2022 |
ACC Limited Financial Report (in Cr) :
| Year | Revenue | Expense | PAT |
| 2021 | ₹16,151.35 | ₹13,186.27 | ₹1,820.27 |
| 2020 | ₹13,784.54 | ₹11,433.41 | ₹1,414.94 |
| 2019 | ₹15,656.65 | ₹13,249.52 | ₹1,358.91 |
Quick Link :
■ Letter of Offer
■ Application Form
Registrar of The Buyback :
Link Intime India Private Limited
C-101, 1st Floor, 247 Park,
Lal Bahadur Shastri Marg,
Vikhroli (West), Mumbai 400 083,
Maharashtra, India
Tel: +91 22 4918 6200
Fax: +91 22 4918 6195
E-mail: [email protected]
Website: www.linkintime.co.in
Manager of The Buyback :
■ ICICI Securities Limited
■ Deutsche Equities India Private Limited
Company Address :
ACC Limited
Regd. office: Cement House,
121 Maharshi Karve Road,
Mumbai, Maharashtra (India) – 400020
(Tel: +91-22-3302 4291, 4496;
Fax: +91 022-66317458)
Website: www.acclimited.com
How to Participate in ACC Limited buyback 2022?
The Investors are eligible for the buyback scheme who have ACC shares in their Demat account as the Record date is Not Declare as the offer is Open Market. Investors can participate in the ACC Buyback 2022 scheme as per the opening form by selling their shares. The payment will be given as per the accepted shares by the company under the ACC buyback scheme.
How to apply for ACC Limited buyback zerodha?
You can apply for the buyback, follow the steps below:
- Visit console.zerodha.com.
- Click on the context menu and then Portfolio.
- Click on Corporate actions.
- Click the Buybacks tab, tap on ACC Limited and then Place order.
- Enter the quantity and tap on Submit.
How to apply for ACC Limited buyback on Groww?
You can apply for the buyback, follow the few steps below: This feature not applicable on Groww App only available on Groww Website.
- Visit the official Groww website.
- Search ACC Limited Buyback in the search option.
- You can see ACC buyback result in search option tap on the ACC buyback.
- You will reach the ACC buyback screen, here enter the number of shares and click sell.
- You can see your order is successfully placed.
How to apply for ACC Limited buyback on upstox?
You can apply for the buyback, follow the few steps below:
- Login to the Upstox app using your 6-digit PIN or biometrics.
- Click on the Account Section on your right bottom corner (Applicable New upstox app).
- Click ‘Account’, then ‘Corporate actions’ and then Buyback / Delisting/ Takeover.
- Select the ACC Limited stock for buyback.
- Enter the quantity and click on apply.
- If you have submitted your POA, then the buyback will be confirmed.
How to apply for ACC Limited buyback online on Linkintime?
You can apply for the buyback from Linkintime, follow the few steps below:
- Visit the official Linkintime website.
- Choose Investor service Option and then click Offer buyback. (Direct Link)
- Click drag down menu and select your buyback stock.
- Enter you choose Demat DPID Or Pan Number Or Foilio Number.
- Click Submit button.
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ACC Limited Buyback 2022 FAQs:
When is ACC Limited Buyback Announcement Date?
ACC Limited buyback 2022 announcement date is 15 May 2022.
When is ACC Limited Buyback Open Date?
ACC Limited buyback 2022 Open date is 26 August 2022.
When is ACC Limited Buyback Close Date?
ACC Limited buyback Close date is 09 September 2022.
When is ACC Limited Buyback 2022 Record Date?
ACC buyback 2022 Record date is Not Declare as the offer is Open market.
What is ACC Limited Buyback Price?
ACC Limited company has fixed the price at ₹2300 per share.
What is ACC Limited Buyback Offer Size?
ACC Limited company Buyback Offer Size is ₹11259.97 Cr.
How to apply for ACC Limited Buyback 2022?
As per the record date you need to have ACC Limited shares in your Demat account. You can participate in buyback after having the stock in your account.
Disclaimer: STOCK MARKET INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY BEFORE INVESTING.