Windlas Biotech Buyback 2022 announced on 08 November 2022. The Windlas Biotech buyback to start from 21 November 2022 and closes on 20 May 2023. The Company will do Buyback with equity of 7,69,230 Equity Shares around 3.53% of Face Value ₹5/ Each Fully paid off at a Price Of ₹325/- Per Equity. The size of this Buyback is about ₹25.00 Crores. And this will be done through a Buyback Open Market.
Windlas Biotech Ltd is a leading domestic pharmaceutical formulations contract development and manufacturing organization (CDMO). The company manufactures both solid and liquid pharmaceutical dosage forms and provides a comprehensive range of CDMO services ranging from product discovery, product development, and commercial manufacturing of generic products, including complex generics.
| Read also:- Share Buyback List 2022 |
Necessity of the Issue :
- The company return surplus funds to the equity shareholders.
- The Buyback may help in improving return on equity, by reduction in the equity base, thereby leading to long term increase in shareholders‟ value.
Windlas Biotech Buyback 2022 Offer Details:
| Event Name | Details |
| Buyback Type | Open Market |
| Buyback Record Date | O/M |
| Buyback Offer Amount | ₹25.00 Cr |
| Date of Board Meeting approving the proposal | 08 November 2022 |
| Date of Public Announcement | 08 November 2022 |
| Buyback Offer Size | 3.53% |
| Buyback Number of Shares | 7,69,230 |
| Listing | NSE, BSE |
| Face Value | ₹5/- Rs. |
| Buyback Price | ₹325/- per share. |
Windlas Biotech Buyback 2022 Dates :
We have covered all important dates related to “Windlas Biotech Buyback 2022” Buyback Activity Dates are updated as they are announced.
| Buyback Activity | Dates |
| Board Meeting for Buyback proposal | 08 November 2022 |
| Buyback Approval date | 08 November 2022 |
| Public Announcement Date | 08 November 2022 |
| Buyback Record Date | OPen Market |
| Buyback Opening Date | 21 November 2022 |
| Buyback Closing Date | 23 May 2023 |
Windlas Biotech Limited Financial Report (in Cr) :
| Year | Revenue | Expense | PAT |
| 2022 | ₹466.00 | ₹413.00 | ₹39.00 |
| 2021 | ₹428.00 | ₹373.00 | ₹5.00 |
| 2020 | ₹329.00 | ₹288.00 | ₹22.00 |
Quick Link :
■ Publication Letter
■ Letter of Offer
■ Application Form
Registrar of The Buyback :
Link Intime India Private Limited
Address: Noble Heights, 1st Floor,
Plot No. NH 2, LSC, C-1 Block,
Near Savitri Market, Janakpuri,
New Delhi – 110058
Telephone: 011-49411000
Email: [email protected].
Website: www.linkintime.co.in
Manager of The Buyback :
Corporate Professionals Capital Private Limited
D-28, South Extension Part-1,
New Delhi-110049, India
Tel: 011-40622230/40622251/40622209:
Email: [email protected]
Website: www.corporateprofessionals.com
Company Address :
Windlas Biotech Limited
705-706, Vatika Professional Point, Sector-66
Golf Course Extension Road, Gurgaon,122001
Phone: +91-124-2821030
Email: [email protected]
Website: https://windlas.com/
How to Participate in Windlas Biotech Ltd buyback?
The Investors are eligible for the buyback scheme who have Windlas Biotech shares in their Demat account as the Record date is Not Declare as the offer is Open Market. Investors can participate in the Windlas Biotech 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 Windlas Biotech buyback scheme.
How to apply for Windlas Biotech 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 Windlas Biotech and then Place order.
- Enter the quantity and tap on Submit.
How to apply for Windlas Biotech 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 Windlas Biotech Buyback in the search option.
- You can see Windlas Biotech buyback result in search option tap on the Windlas Biotech buyback.
- You will reach the Windlas Biotech buyback screen, here enter the number of shares and click sell.
- You can see your order is successfully placed.
How to apply for Windlas Biotech 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 Windlas Biotech 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 2022 |
Windlas Biotech Buyback 2022 FAQs:
When is Windlas Biotech Buyback Announcement Date?
Windlas Biotech buyback 2022 announcement date is 08 Novvember 2022.
When is Windlas Biotech Buyback Open Date?
Windlas Biotech buyback Open date is 21 November 2022.
When is Windlas Biotech Buyback Close Date?
Windlas Biotech buyback Close date is 23 May 2023.
When is Windlas Biotech Buyback Record Date?
Windlas Biotech buyback 2022 Record date is Not Declare as the offer is Open market.
What is Windlas Biotech Buyback Price?
Windlas Biotech company has fixed the price at ₹325.00 per share.
What is Windlas Biotech Buyback Offer Size?
Windlas Biotech company Buyback Offer Size is ₹25.00 Cr.
How to apply for Windlas Biotech Buyback 2022?
As per the record date you need to have Windlas Biotech 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.