Ajanta Pharma Buyback 2023 Record Date, Buyback Price & Details

Ajanta Pharma Buyback 2023

Ajanta Pharma Buyback 2023 announced on 10 March 2023. The Ajanta Pharma buyback will begin on March 31, 2023, and end on April 10, 2023. The company will buy back approximately 22,10,500 equity shares, or approximately 2.70% of face value ₹2, at a price of ₹1425.00 per equity share. The size of this buyback is about ₹315.00 crore and this will be done through a buyback on the tender offer.

Ajanta Pharma is a specialty pharmaceutical company engaged in development, manufacturing and marketing of quality finished dosages. Committed to ‘Serve Health Care Needs Worldwide. The company produce a comprehensive range of specialty products targeting different therapeutic segments for treatment of patients, customised to each market. The company present in present across Asia and Africa.

Ajanta Pharma branded generic business. The Company designed customised basket of products for each of these markets and serve wide range of therapeutic segments like Anti-Biotic, Anti-Malarial, Anti-Diabetic, Cardiology, Gynecology, Orthopedics, Pediatric, Respiratory & General Health products. you can check Ajanta Pharma buyback 2022 here.

Read also:- Share Buyback List 2023

Necessity of the Issue :

  • The Buyback will help the Company to return surplus cash to its members holding equity shares broadly in proportion to their shareholding, thereby, enhancing the overall return to shareholder.
  • The Buyback may help in improving return on equity, by reduction in the equity base, thereby leading to long term increase in shareholders‟ value.
  • The buyback may lead to a reduction in outstanding Equity Shares, an improvement in earnings per equity share, and an enhanced return on equity.

Ajanta Pharma Buyback 2023 Offer Details:

Event NameDetails
Buyback TypeTender Offer
Buyback Record Date24 March 2023
Buyback Offer Amount₹315.00 Cr
Date of Board Meeting approving the proposal10 March 2023
Date of Public Announcement13 March 2023
Buyback Offer Size2.70%
Buyback Number of Shares22,10,500
ListingNSE, BSE
Face Value₹2/- Rs.
Buyback Price₹1425/- per share.
Ajanta Pharma Buyback 2023

Ajanta Pharma Buyback 2023 Dates :

We have covered all important dates related to “Ajanta Pharma Buyback 2023” Buyback Activity Dates are updated as they are announced.

Buyback ActivityDates
Board Meeting for Buyback proposal10 Macrh 2023
Buyback Approval date10 March 2023
Public Announcement Date12 April 20223
Buyback Record Date24 March 2023
Buyback Opening Date31 March 2023
Buyback Closing Date10 April 2023

Ajanta Pharma Limited Financial Report (in Cr) :

YearRevenueExpensePAT
2022₹3341.00₹2408.00₹813.00
2021₹2890.00₹1889.00₹654.00
2020₹2,588.00₹1,904.00₹468.00
Ajanta Pharma Buyback 2023

Quick Link :

Publication Letter
Letter of Offer
■ Application Form

Registrar of The Buyback :

Link Intime India Private Limited
Address: C 101, 1st Floor,
247 Park, L B S Marg, Vikhroli West,
Mumbai – 400 083, Maharashtra, India.
Tel. No.: +91 810 811 4949
Fax: +91 22 4918 6195
Email: [email protected]
Investor Grievance ID: [email protected]
Website: www.linkintime.co.in

Manager of The Buyback :

Edelweiss Financial Services Limited
801 – 804, Wing A, Building No 3,
Inspire BKC, G Block,
Bandra Kurla Complex,
Bandra East,
Mumbai – 400051.
Tel. No.: +91 22 4009 4400
Contact Person: Mr. Manish Tejwani
Email: [email protected]
Website: www.edelweissfin.com

Company Address :

Ajanta Pharma Limited
Ajanta House, 98 Govt Industrial Area,
Charkop, Kandivli (West),
Mumbai – 400 067, Maharashtra, India
Phone: +91 22 6606 1000
Fax: +91 22 6606 1200
Email: [email protected]
Website: www.ajantapharma.com

How to Participate in Ajanta Pharma Ltd buyback?

The Investors are eligible for the buyback scheme who have Ajanta Pharma shares in their Demat account as the Record date is 24 March 2023 as the offer is Tender Offer. Investors 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 accepted shares by the company under the Ajanta Pharma buyback scheme.

How to apply for Ajanta Pharma 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 Ajanta Pharma and then Place order.
  • Enter the quantity and tap on Submit.

How to apply for Ajanta Pharma 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 Ajanta Pharma Buyback in the search option.
  • You can see Ajanta Pharma buyback result in search option tap on the Ajanta Pharma buyback.
  • You will reach the Ajanta Pharma buyback screen, here enter the number of shares and click sell.
  • You can see your order is successfully placed.

How to apply for Ajanta Pharma 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 Ajanta Pharma 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 Ajanta Pharma buyback 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.
Read also:- Rights issue 2023

Ajanta Pharma Buyback 2023 FAQs:

When is Ajanta Pharma Buyback Announcement Date?
Ajanta Pharma buyback 2023 announcement date is 10 March 2023.

When is Ajanta Pharma Buyback Open Date?

Ajanta Pharma buyback Open date is 31 March 2023.

When is Ajanta Pharma Buyback Close Date?
Ajanta Pharma buyback Close date is 10 April 2023.

When is Ajanta Pharma Buyback Record Date?
Ajanta Pharma buyback 2023 Record date is 24 March 2023 as the offer is Tender Offer.

What is Ajanta Pharma Buyback Price?

Ajanta Pharma company has fixed the price at ₹1425 per share.

What is Ajanta Pharma Buyback Offer Size?
Ajanta Pharma company Buyback Offer Size is ₹315.00 Cr.

How to apply for Ajanta Pharma Buyback 2023?
As per the record date you need to have Ajanta Pharma 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.

Ajanta Pharma Buyback 2023 Record Date, Buyback Price & Details

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