Pennar Industries Buyback 2022 announced on 09 March 2022. The Pennar Industries buyback to start from 23 March 2022 and closes 22 September 2022. The Company will do Buyback with equity of – Equity Shares around 5.97% of Face Value ₹5/ Each Fully paid off at a Price Of ₹50/- Per Equity. The size of this Buyback is about ₹40 Crores. And this will be done through a Buyback Open Market.
Pennar Industries Ltd formerly known as Pennar Steels incorporated in Aug 1975. The Company multi-location, multi-product company having a significant presence in sectors like Infrastructure, Automobiles, Power, General Engineering, Building & Construction among other.
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Pennar Industries Buyback 2022 Offer Details:
| Event Name | Details |
| Buyback Type | Open Market |
| Buyback Record Date | Open Market |
| Buyback Offer Amount | ₹40 Cr |
| Date of Board Meeting approving the proposal | 09 Mar 2022 |
| Date of Public Announcement | 09 MAr 2022 |
| Buyback Offer Size | 5.97% |
| Buyback Number of Shares | O/M |
| Listing | NSE, BSE |
| Face Value | ₹5/- Rs. |
| Buyback Price | ₹50/- per share. |
Pennar Industries Buyback 2022 Important Dates :
We have covered all important dates related to “Pennar Industries Buyback 2022” Buyback Activity Dates are updated as they are announced.
| Buyback Activity | Dates |
| Board Meeting for Buyback proposal | 09 Mar 2022 |
| Buyback Approval date | 09 Mar 2022 |
| Public Announcement Date | 09 Mar 2022 |
| Buyback Record Date | Open Market |
| Buyback Opening Date | 23 March 2022 |
| Buyback Closing Date | 22 September 2022 |
Pennar Industries Limited Financial Report (in Cr) :
| Year | Revenue | Expense | PAT |
| 2021-6M | ₹ | ₹ | ₹ |
| 2021 | ₹ | ₹ | ₹ |
| 2020 | ₹ | ₹ | ₹ |
| 2019 | ₹ | ₹ | ₹ |
Quick Link :
■ Buyback Public Announcement Link
Registrar of The Buyback :
KFintech Private Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India – 500 032.
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://karisma.kfintech.com/
Manager of The Buyback :
■ Finshore Management Services Limited
Company Address :
Pennar Industries Limited
3 Floor, DHFLVC Silicon Towers, Kondapur,
Hyderabad – 500 084
Phone: +91 40 41923108
Email: [email protected]
Website: http://www.pennarindia.com
How to apply for Pennar Industries 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 Pennar Industries stock for buyback.
- Enter the quantity and click on apply.
- If you have submitted your POA, then the buyback will be confirmed.
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Pennar Industries Buyback 2022 FAQs:
When is Pennar Industries Buyback Announcement Date?
Pennar Industries buyback 2022 announcement date is 09 Mar 2022.
When is Pennar Industries Buyback Open Date?
Pennar Industries buyback Open date is 23 March 2022.
When is Pennar Industries Buyback Close Date?
Pennar Industries buyback Close date is 22 September 2022.
When is Pennar Industries Buyback Record Date?
Pennar Industries buyback 2022 Record date is Not Declare as the offer is Open market.
What is Pennar Industries Buyback Price?
Pennar Industries company has fixed the price at ₹50 per share.
What is Pennar Industries Buyback Offer Size?
Pennar Industries company Buyback Offer Size is ₹40 Cr.
How to apply for Pennar Industries Buyback 2022?
As per the record date you need to have Pennar Industries 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.