Care Ratings Buyback 2022 Record Date, Buyback Price & Details

Care Ratings Buyback 2022

Care Ratings Buyback 2022 announced on 20 July 2022. The Care Ratings buyback to start from Announced Soon. The Company will do Buyback with equity of 23,68,000 Equity Shares around 7.99% of Face Value ₹10/ Each Fully paid off at a Price Of ₹515/- Per Equity. The size of this Buyback is about ₹121.95 Crores. And this will be done through a Buyback Tender Offer.

CARE Ratings is a leading credit rating agency of India. CareEdge Ratings has emerged as the leading agency for covering many rating segments including manufacturing, infrastructure, financial sector including banks, non-financial services, among others. The company has an established track record of rating companies over almost three decades and has had a pivotal role to play in developing bank debt and capital market instruments including CPs, corporate bonds and debentures, and structured credit.

Read also:- Share Buyback List 2022

CARE Ratings Ltd. is a partner in ARC Ratings, an international credit rating agency. The company also has subsidiaries in Mauritius ‘CareEdge Ratings (Africa) Private Limited (CRAF)’ and in Nepal ‘CareEdge Ratings Nepal’. The company has a strategic alliance with Japan Credit Ratings Agency (JCR) and MoU with Russian rating agency ACRA.

Necessity of the Issue :

  • Update Soon

Care Ratings Buyback 2022 Offer Details:

Event NameDetails
Buyback TypeAnnounced Soon
Buyback Record DateAnnounced Soon
Buyback Offer Amount₹121.95 Cr
Date of Board Meeting approving the proposal20 July 2022
Date of Public Announcement20 July 2022
Buyback Offer Size7.99%
Buyback Number of Shares23,68,000
ListingNSE, BSE
Face Value₹10/
Buyback Price₹515/ per share.
Upstox Referal

Care Ratings Buyback 2022 Dates :

We have covered all important dates related to “Care Ratings Buyback 2022” Buyback Activity Dates are updated as they are announced.

Buyback ActivityDates
Board Meeting for Buyback proposal20 July 2022
Buyback Approval date20 July 2022
Public Announcement Date20 July 2022
Buyback Record DateNot Declare
Buyback Opening DateAnnounced Soon
Buyback Closing DateAnnounced Soon

Care Ratings Limited Financial Report (in Cr) :

YearRevenueExpensePAT
2022248.00₹168.00₹75.00
2021₹248.00₹153.00₹90.00
2020₹244.00₹162.00₹82.00
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Quick Link :

Publication Letter
■ Letter of Offer
■ Application Form

Registrar of The Buyback :

  • Update Soon

Manager of The Buyback :

  • Update Soon

Company Address :

CARE Ratings Limited
4th Floor, Godrej Coliseum,
Somaiya Hospital Road,
Off Eastern Express Highway,
Sion (East), Mumbai – 400 022.
Phone: +91-22-6754 3456
Email: [email protected]
www.careedge.in

How to Participate in Care Ratings Ltd buyback?

The Investors are eligible for the buyback scheme who have Care Ratings shares in their Demat account as the Record date is Not Declare as the offer is Tender offer. Investors can participate in the Care Ratings 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 Care Ratings buyback 2022 scheme.

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

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

How to apply for Care Ratings 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 Care Ratings 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 Care Ratings buyback online?

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.

How to apply for Care Ratings buyback online?

You can apply for the buyback from Kfintech, follow the few steps below:

Read also:- Rights issue 2022

Care Ratings Buyback 2022 FAQs:

When is Care Ratings Buyback Announcement Date?
Care Ratings buyback 2022 announcement date is 20 July 2022.

When is Care Ratings Buyback Open Date?
Care Ratings buyback Open date is Announced Soon.

When is Care Ratings Buyback Close Date?
Care Ratings buyback Close date is Announced Soon.

When is Care Ratings Buyback Record Date?
Care Ratings buyback 2022 Record date is Not Declare as the offer is tender offer.

What is Care Ratings Buyback Price?
Care Ratings company has fixed the price at ₹515 per share.

What is Care Ratings Buyback Offer Size?
Care Ratings company Buyback Offer Size is ₹121.95 Cr.

How to apply for Care Ratings Buyback 2022?
As per the record date you need to have Care Ratings 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.

Care Ratings Buyback 2022 Record Date, Buyback Price & Details
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