Cheviot Company Buyback 2022 announced on 06 Dec 2021. The Cheviot Company buyback to start from 10 Jan 2022 to 21 Jan 2022. The Company will do Buyback with equity of 2,50,000 Equity Shares around 3.99% of Face Value Rs. ₹10/ Each Fully paid off at a Price Of Rs. ₹1725/- Per Equity. The size of this Buyback is about ₹43.13 Crores. And this will be done through a Buyback Tender Offer.
Group Cheviot consists of a diversified portfolio of industries in Jute, Tea and Leather. Over 5,000 employees are working in various disciplines for the Group. These include highly qualified, experienced and professional managers, technicians, administrators, and skilled & unskilled workers. The group is spearheaded by Mr. H. V. Kanoria under whose leadership the group has shown exemplary performance year after year.
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He is an eminent industrialist with 40 years of vast experience in successfully handling Jute, Tea and Leather Industries. Basic thrust of the Group is on export of manufactured products all over the world cutting across all barriers. The Group is known for its reputation of fair and transparent dealings with its Financial Institutions, Bankers and in the business circles.
Cheviot Company buyback 2022 Offer Details:
| Event Name | Details |
| Buyback Type | Tender Offer |
| Buyback Record Date | 17 Dec 2021 |
| Buyback Offer Amount | ₹43.13 Cr |
| Date of Board Meeting approving the proposal | 04 Dec 2021 |
| Date of Public Announcement | 07 Dec 2021 |
| Buyback Offer Size | 3.99% |
| Buyback Number of Shares | 2,50,000 |
| Price Type | Tender Offer |
| Face Value | ₹10/- Rs. |
| Buyback Price | ₹1725/- per share. |
Cheviot Company Buyback 2022 Important Dates
We have covered all important dates related to “Cheviot Company Buyback 2022” Buyback Activity Dates are updated as they are announced.
| Buyback Activity | Dates |
| Board Meeting for Buyback proposal | 04 Dec 2021 |
| Buyback Approval date | 06 Dec 2021 |
| Public Announcement Date | 07 Dec 2021 |
| Buyback Record Date | 01 Dec 20021 |
| Buyback Opening Date | 10 Jan 2022 |
| Buyback Closing Date | 21 Jan 2022 |
Cheviot Company Financial Report (in lakhs) :
| Year | Revenue | Expense | PAT |
|---|---|---|---|
| 2021-6M | ₹27,051.96 | ₹20,783.81 | ₹4,761.47 |
| 2021 | ₹44,130.30 | ₹34,334.21 | ₹7,572.31 |
| 2020 | ₹46,776.20 | ₹40,124.22 | ₹4,812.12 |
| 2019 | ₹41,667.39 | ₹34,005.44 | ₹5,017.80 |
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Buyback Public Announcement Link :
Registrar of The Buyback :
Maheshwari Datamatics Private Limited
23, R. N. Mukherjee Road, 5th Floor,
Kolkata – 700 001
Tel. No.: 033 2248 2248;
Fax No.: 033 2248 4787
Email ID: [email protected]
Website: www.mdpl.in
Manager of The Buyback :
VC Corporate Advisors Private Limited
31, Ganesh Chandra Avenue,
2nd Floor, Suite No. 2C,
Kolkata – 700 013
Tel. No.: 033 – 2225 3940
Email ID: [email protected]
Website: www.vccorporate.com
Company Address :
Cheviot Company Limited
9th Floor, Magma House
24, Park Street,
Kolkata – 700016
Phone: +91 8232087911
Email: [email protected]
Website: https://www.groupcheviot.net
How to Participate in Cheviot Company Ltd buyback?
The Investors are eligible for the buyback scheme who have Cheviot Company shares in their Demat account as the Record date is 17 Dec 2021 as the offer is Tender Offer. Investors can participate in the Cheviot Company 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 Cheviot Company buyback scheme.
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Cheviot Company Buyback 2022 FAQs:
When is Cheviot Company Buyback Announcement Date?
Cheviot Company buyback 2022 announcement date is 07 Dec 2021.
When is Cheviot Company Buyback Open Date?
Cheviot Company buyback Open date is 10 Jan 2022.
When is Cheviot Company Buyback Close Date?
Cheviot Company buyback Close date is 21 Jan 2022.
When is Cheviot Company Buyback Record Date?
Cheviot Company buyback 2022 Record date is 17 Dec 2021 as the offer isTender Offer.
What is Cheviot Company Buyback Price?
Cheviot Company company has fixed the price at ₹1725 per share.
What is Cheviot Company Buyback Offer Size?
Cheviot Company company Buyback Offer Size is ₹43.13 Cr.
How to apply for Cheviot Company Buyback 2022?
As per the record date you need to have Cheviot Company shares in your Demat account. You can participate in buyback after having the stock in your account.
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