Emami Buyback 2022 will be announced on February 3, 2022. The Emami repurchase will start on February 9, 2022, and end on August 8, 2022. The Company will conduct a buyback with equity of 29,45,454 equity shares at a price of 550/- per equity. This buyback is worth around 162.00 crores. This will be accomplished through a Buyback Open Market.
Emami Limited, the flagship company of the Emami Group, was founded in Kolkata in 1974. Emami Ltd is one of India’s largest and fastest-growing personal and healthcare companies. The company has around 300 products based on Ayurvedic formulations in its portfolio. BoroPlus, Navratna, Fair and Handsome, Zandu Balm, Menthol Plus Balm, Fast Relief, and Kesh King are among the company’s household brand names. The company’s power Brands include Navratna 66.4% Market Share, BoroPlus 74.1% Market Share, Zandu & Mentho Plus Balm 26.6% Market Share, Kesh King
26.6% Market Share, Fair and Handsome 65.3% Market Share. Emami’s present operations encompass more than 60 countries, including those in SAARC, MENAP, SEA, Africa, Eastern Europe, and the CIS. Every second, around 130 Emami items are sold somewhere in the world. The company employs over 3100 people, has a network of over 2800 distributors, and has invested in 7 plants, 4 regional offices, 1 foreign unit, 7 overseas subsidiaries, 26 distribution centres, and 2 Associates around India.
Emami Buyback 2022 Offer Details:
|Buyback Type||Open Market|
|Buyback Record Date||Open Market|
|Buyback Offer Amount||₹162.00 Cr|
|Date of Board Meeting approving the proposal||03 Feb 2022|
|Date of Public Announcement||03 Feb 2022|
|Buyback Offer Size||0.66%|
|Buyback Number of Shares||29,45,454|
|Price Type||Open market|
|Face Value||₹1/- Rs.|
|Buyback Price||₹550/- per share.|
Emami Buyback 2022 Important Dates :
We have covered all important dates related to “Emami Buyback 2022” Buyback Activity Dates are updated as they are announced.
|Board Meeting for Buyback proposal||03 Feb 2022|
|Buyback Approval date||03 Feb 2022|
|Public Announcement Date||03 Feb 2022|
|Buyback Record Date||Open MArket|
|Buyback Opening Date||09 Feb 2022|
|Buyback Closing Date||08 Aug 2022|
Emami Limited Financial Report (in Million) :
Emami Buyback 2022 FAQs:
Q1. When is Emami Buyback Announcement Date?
Ans. Emami buyback 2022 announcement date is 03 Feb 2022.
Q2. When is Emami Buyback Open Date?
Ans. Emami buyback Open date is 09 Feb 2022.
Q3. When is Emami Buyback Close Date?
Ans. Emami buyback Close date is 08 Aug 2022.
Q4. When is Emami Buyback Record Date?
Ans. Emami buyback 2022 Record date is Not Declare as the offer is Open market.
Q5. What is Emami Buyback Price?
Ans. Emami company has fixed the price at ₹550 per share.
Q6. What is Emami Buyback Offer Size?
Ans. Emami company Buyback Offer Size is ₹162.00 Cr.
Q7. How to apply for Emami Buyback 2022?
Ans. As per the record date you need to have Emami shares in your Demat account. You can participate in buyback after having the stock in your account.