Sarda Energy Buyback 2022 announced on 23 April 2022. The Sarda Energy buyback to start on 02 June 2022 and closes on 15 June 2022. The Company will do Buyback with equity of 8,11,108 Equity Shares around 6.06% of Face Value ₹10/ Each Fully paid off at a Price Of ₹1500/- Per Equity. The size of this Buyback is about ₹121.67 Crores. And this will be done through a Buyback Tender Offer.
Sarda Energy & Minerals Limited (SEML), incorporated in 1973, is the flagship company of Sarda Group. SEML is one of the lowest cost producers of steel (Sponge Iron, Billets, Ferro Alloys,Mining,Power,Pellets,Iron Ore,Wire Rod Mill, Eco Bricks) and one of the largest manufacturers and exporters of ferro alloys in India. Headquartered in Raipur, Chhattisgarh.
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The company firmly believes in benchmark product quality, customer centric approach, people focus, ethical business practices and good corporate citizenship. Building on these values, SEML has become the supplier of choice for many domestic and international customers across more than 60 countries. The company DRI capacity of 360,000 MT per year, a crude steel capacity of 240,000 MTPA and an annual production capacity of 82,500 MT.
Sarda Energy Buyback 2022 Offer Details:
| Event Name | Details |
| Buyback Type | Tender Offer |
| Buyback Record Date | 06 May 2022 |
| Buyback Offer Amount | ₹121.67 Cr |
| Date of Board Meeting approving the proposal | 23 April 2022 |
| Date of Public Announcement | 23 April 2022 |
| Buyback Offer Size | 6.06% |
| Buyback Number of Shares | 8,11,108 |
| Listing | NSE, BSE |
| Face Value | ₹10/- Rs. |
| Buyback Price | ₹1500/- per share. |
Sarda Energy Buyback 2022 Dates :
We have covered all important dates related to “Sarda Energy Buyback 2022” Buyback Activity Dates are updated as they are announced.
| Buyback Activity | Dates |
| Board Meeting for Buyback proposal | 23 April 2022 |
| Buyback Approval date | 23 April 2022 |
| Public Announcement Date | 23 April 2022 |
| Buyback Record Date | 06 May 2022 |
| Buyback Opening Date | 02 June 2022 |
| Buyback Closing Date | 15 June 2022 |
Sarda Energy Limited Financial Report (in Cr) :
| Year | Revenue | Expense | PAT |
| 2021-6M | ₹3,914 | ₹2,559 | ₹804 |
| 2021 | ₹2,199 | ₹1,679 | ₹375 |
| 2020 | ₹2,000 | ₹1,644 | ₹126 |
| 2019 | ₹2,324 | ₹1,842 | ₹203 |
Quick Link :
■ Buyback Letter of Offer
■ Application Form
Registrar of The Buyback :
Big Share Services Pvt. Ltd
1st Floor, Bharat Tin Works Building Opp.
Vasant Oasis, Makwana Road Marol,
Andheri East Mumbai (M.H)-400059
Tel: 022 62638200
Fax: 02262638299
E-mail:[email protected]
website :https://www.bigshareonline.com/
Manager of The Buyback :
Hem Securities Limited
904, A Wing, Naman Midtown,
Senapati Bapat Marg, Elphinstone Road,
Lower Parel, Mumbai-400013, India
Tel. No.: +91-022-49060000
Fax No.: +91-022-22625991
Website: www.hemsecurities.com
Email: [email protected]
Company Address :
Sarda Energy & Minerals Limited
Industrial Growth Center,
Siltara, RAIPUR – 493 111
Phone: 91-771-2216000
Email: [email protected]
Website: https://www.seml.co.in/
How to Participate in Sarda Energy Ltd buyback?
The Investors are eligible for the buyback scheme who have Sarda Energy shares in their Demat account as the Record date is 06 May 2022. Investors can participate in the Sarda Energy 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 Sarda Energy buyback scheme.
How to apply for Sarda Energy 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 Sarda Energy and then Place order.
- Enter the quantity and tap on Submit.
How to apply for Sarda Energy 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 Sarda Energy Buyback in the search option.
- You can see Sarda Energy buyback result in search option tap on the Sarda Energy buyback.
- You will reach the Sarda Energy buyback screen, here enter the number of shares and click sell.
- You can see your order is successfully placed.
How to apply for Sarda Energy 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 Sarda Energy 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 Sarda Energy buyback online?
You can apply for the buyback from Linkintime, follow the few steps below:
- Visit the official Bigshare Pvt Ltd 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.
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Sarda Energy Buyback 2022 FAQs:
When is Sarda Energy Buyback Announcement Date?
Sarda Energy buyback 2022 announcement date is 23 April 2022.
When is Sarda Energy Buyback Open Date?
Sarda Energy buyback Open date is 02 June 2022.
When is Sarda Energy Buyback Close Date?
Sarda Energy buyback Close date is 15 June 2022.
When is Sarda Energy Buyback Record Date?
Sarda Energy buyback 2022 Record date is 06 May 2022.
What is Sarda Energy Buyback Price?
Sarda Energy company has fixed the price at ₹1500 per share.
What is Sarda Energy Buyback Offer Size?
Sarda Energy company Buyback Offer Size is ₹121.67 Cr.
How to apply for Sarda Energy Buyback 2022?
As per the record date you need to have Sarda Energy shares in your Demat account. You can participate in buyback after having the stock in your account.
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