Emami Limited Buyback 2023 Record Date, Buyback Price & Details

Emami Limited Buyback 2023

Emami Limited Buyback 2023 announced on 28 March 2023. The Emami Limited buyback will begin on April 13, 2023, and end on July 19, 2023. The company will buy back approximately 41,33,333 equity shares, or approximately 10% of face value ₹1, at a price of ₹186 per equity share. The size of this buyback is about ₹186 crore, and this will be done through a buyback on the open market.

Emami Limited is one of the leading and fastest growing personal and healthcare businesses in India, with an enviable portfolio of household brand names such as BoroPlus, Navratna, Fair and Handsome, Zandu Balm, Mentho Plus Balm, Fast Relief and Kesh King. you can check Emami Limited Buyback 2022 here.

The Company has a portfolio of over 300 + products based on ayurvedic formulations. Emami’s current operations comprise more than 60 countries including SAARC, MENAP, SEA, Africa, Eastern Europe and the CIS countries. Nearly 150 Emami products are sold every second somewhere around the world

Read also:- Share Buyback List 2023

Necessity of the Issue :

  • The Buyback will help the Company to return surplus cash to its shareholder.
  • The Buyback reduce the outstanding number of equity shares and consequently increase earnings per share and book value per share.
  • Improve key return ratios like return on equity capital.

Emami Limited Buyback 2023 Offer Details:

Event NameDetails
Buyback TypeOpen Market
Buyback Record Date12 April 2023
Buyback Offer Amount₹186.00 Cr
Date of Board Meeting approving the proposal28 March 2023
Date of Public Announcement28 March 2023
Buyback Offer Size10%
Buyback Number of Shares41,33,333
ListingNSE, BSE
Face Value₹1/- Rs.
Buyback Price₹450/- per share.
Emami Limited Buyback 2023

Emami Limited Buyback 2023 Dates :

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

Buyback ActivityDates
Board Meeting for Buyback proposal24 March 2023
Buyback Approval date28 March 2023
Public Announcement Date28 March 2023
Buyback Record Date12 April 2023
Buyback Opening Date13 April 2023
Buyback Closing Date19 July 2023

Emami Limited Limited Financial Report (in Cr) :

YearRevenueExpensePAT
2022₹3,192.00₹2,254.00₹837.00
2021₹2,881.00₹2,000.00₹455.00
2020₹2,655.00₹1,970.00₹302.00
Emami Limited Buyback 2023

Quick Link :

Publication Letter
Letter of Offer
■ Application Form

Registrar of The Buyback :

Maheshwari Datamatics Pvt Ltd
23, R.N. Mukherjee Road, 5th Floor,
Kolkata, West Bengal – 700001
Tel No.: +91 33 – 22482248 / 22435029;
Email: [email protected]
Website: www.mdpl.in

Manager of The Buyback :

IIFL Securities Limited
10th Floor, IIFL Centre, Kamala Mills,
Senapati Bapat Marg, Lower Parel (West)
Tel. No.: +91 22 4646 4728
Fax No.: +91 22 2493 1073
Email: [email protected]
Website: www.iiflcap.com

Company Address :

Emami Limited
Emami Tower, 687
Anandapur E M Bypass,
Kolkatta -700 107, West Bengal
Phone: +91-33-66136264
Email: [email protected]
Website: http://www.emamiltd.in

How to Participate in Emami Limited Ltd buyback?

The Investors are eligible for the buyback scheme who have Emami Limited shares in their Demat account as the Record date is 12 April 2023 as the offer is Open Market. Investors can participate in the Emami Limited 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 Emami Limited buyback scheme.

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

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

How to apply for Emami 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 Emami Limited stock for buyback.
  • Enter the quantity and click on apply. 
  • If you have submitted your POA, then the buyback will be confirmed.
Read also:- Rights issue 2023

Emami Limited Buyback 2023 FAQs:

When is Emami Limited Buyback Announcement Date?

Emami Limited buyback 2023 announcement date is 24 March 2023.

When is Emami Limited Buyback Open Date?
Emami Limited buyback Open date is 13 April 2023.

When is Emami Limited Buyback Close Date?
Emami Limited buyback Close date is 19 July 2023.

When is Emami Limited Buyback Record Date?
Emami Limited buyback 2023 Record date is 12 April 2023 as the offer is Open market.

What is Emami Limited Buyback Price?

Emami Limited company has fixed the price at ₹450 per share.

What is Emami Limited Buyback Offer Size?
Emami Limited company Buyback Offer Size is ₹186.00 Cr.

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

Emami Limited Buyback 2023 Record Date, Buyback Price & Details

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