Sinclairs Hotels Buyback 2022 announced on 26 April 2022. The Sinclairs Hotels buyback to start date 03 June 2022 and closes on 16 June 2022. The Company will do Buyback with equity of 7,00,000 Equity Shares around 9.93% of Face Value ₹2/ Each Fully paid off at a Price Of ₹143/- Per Equity. The size of this Buyback is about ₹10.01 Crores. And this will be done through a Buyback tender Offer.
Sinclairs Hotels Ltd owns and operates hotels and resorts in India. The company owns and operates eight properties in India at Burdwan, Siliguri, Darjeeling, Kalimpong and Dooars in West Bengal, Gangtok and Yangang in Sikkim, Ooty in South India and Port Blair in the Andamans. The company was founded in 1971 as a private limited company by a local entrepreneur from Kolkata. The first hotel was set up in Siliguri in the year 1976. The next hotel was started in Darjeeling in 1981.
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Sinclairs Hotels Buyback 2022 Offer Details:
| Event Name | Details |
| Buyback Type | Tender Offer |
| Buyback Record Date | 13 May 2022 |
| Buyback Offer Amount | ₹10.01 Cr |
| Date of Board Meeting approving the proposal | 26 April 2022 |
| Date of Public Announcement | 26 April 2022 |
| Buyback Offer Size | 9.93% |
| Buyback Number of Shares | 7,00,000 |
| Listing | BSE |
| Face Value | ₹2/- Rs. |
| Buyback Price | ₹143/- per share. |
Sinclairs Hotels Buyback 2022 Dates :
We have covered all important dates related to “Sinclairs Hotels Buyback 2022” Buyback Activity Dates are updated as they are announced.
| Buyback Activity | Dates |
| Board Meeting for Buyback proposal | 26 April 2022 |
| Buyback Approval date | 26 April 2022 |
| Public Announcement Date | 26 April 2022 |
| Buyback Record Date | 13 May 2022 |
| Buyback Opening Date | 03 June 2022 |
| Buyback Closing Date | 16 June 2022 |
Sinclairs Hotels Limited Financial Report (in Cr) :
| Year | Revenue | Expense | PAT |
| 2021-9M | ₹31.20 | ₹19.37 | ₹7.14 |
| 2021 | ₹17.27 | ₹12.84 | ₹3.51 |
| 2020 | ₹45.45 | ₹28.43 | ₹9.49 |
| 2019 | ₹45.75 | ₹27.75 | ₹9.75 |
Quick Link :
■ Letter of Offer
■ Application form
Registrar of The Buyback :
Niche Technologies Private Limited
Address: 3A, Auckland Place, 7th Floor,
Room No 7A & 7B, Kolkata 700 017
Tel.: +91 33 2280 6616/6617 / 6618
Fax: +91 33 2280 6619;
Email: [email protected]
Website: www.nichetechpl.com
Manager of The Buyback :
SKP Securities Limited
Address: Chatterjee International Centre,
Level 21, 33A, Jawaharlal Nehru Road,
Kolkata 700 071
Tel.: +91 3340077000
Email: [email protected]
Website: www.skpsecurities.com
Company Address :
Sinclairs Hotels Limited
Pressman House
10A, Lee Road
Kolkata 700020
Phone: +91 98305 56333
Email: [email protected]
Website: https://www.sinclairshotels.com/
How to Participate in Sinclairs Hotels Ltd buyback?
The Investors are eligible for the buyback scheme who have Sinclairs Hotels shares in their Demat account as the Record date is 13 May 2022. Investors can participate in the Sinclairs Hotels 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 Sinclairs Hotels buyback scheme.
How to apply for Sinclairs Hotels 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 Sinclairs Hotels and then Place order.
- Enter the quantity and tap on Submit.
How to apply for Sinclairs Hotels 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 Sinclairs Hotels Buyback in the search option.
- You can see Sinclairs Hotels buyback result in search option tap on the Sinclairs Hotels buyback.
- You will reach the Sinclairs Hotels buyback screen, here enter the number of shares and click sell.
- You can see your order is successfully placed.
How to apply for Sinclairs Hotels 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 Sinclairs Hotels 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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Sinclairs Hotels Buyback 2022 FAQs :
When is Sinclairs Hotels Buyback Announcement Date?
Sinclairs Hotels buyback 2022 announcement date is 26 April 2022.
When is Sinclairs Hotels Buyback Open Date?
Sinclairs Hotels buyback Open date is 03 June 2022.
When is Sinclairs Hotels Buyback Close Date?
Sinclairs Hotels buyback Close date is 16 June 2022.
When is Sinclairs Hotels Buyback Record Date?
Sinclairs Hotels buyback 2022 Record date is 13 May 2022.
What is Sinclairs Hotels Buyback Price?
Sinclairs Hotels company has fixed the price at ₹143 per share.
What is Sinclairs Hotels Buyback Offer Size?
Sinclairs Hotels company Buyback Offer Size is ₹10.01 Cr.
How to apply for Sinclairs Hotels Buyback 2022?
As per the record date you need to have Sinclairs Hotels 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.