FDC buyback 2023 was announced on August 9, 2023. The FDC repurchase will begin on August 31, 2023. The FDC buyback record date is set for August 25, 2023. To be eligible for the buyback, the investor must purchase the FDC shares prior to the record date.
The board of directors approved an FDC buyback of Rs. 155 crore at their meeting on August 9, 2023. The FDC buyback will take place using the stock exchange’s Tender Offer process. The company’s board of directors authorized the buyback of its fully paid-up equity shares with a face value of one equity share at a price of 500 per equity share from the shareholders for an amount not exceeding 155 crore. FDC is a people-oriented organisation dedicated to innovating, manufacturing, and marketing high-quality healthcare
products that improve the quality of human life around the world, thereby increasing shareholder value. Since 1936, our success has been defined by a foundation of strong credibility, dependability, honesty, trust, and clarity of vision.
The FDC organisation is based on the notion that the impact they have on the world comes first, and everything else follows. As Electral’s caretakers, we recognise that being the first line of therapy for dehydration necessitates accessibility and cost-effectiveness. FDC’s drive for excellence stems from a shared goal of providing high-quality healthcare that is affordable to people of all income levels. Our robust foundation is designed to help us achieve our aim of expanding the reach of our essential care medicines across the country and around the world.
FDC Buyback 2023 Dates
| Buyback Meeting Date: | August 9, 2023 |
| Buyback Announcement Date: | August 9, 2023 |
| Buyback Record Date: | August 25, 2023 |
| Last Date to Buy Shares: | August 24, 2023 |
| Buyback Open Date: | August 31, 2023 |
| Buyback Close Date: | September 6, 2023 |
| Finalization of Buyback Acceptance: | September 13, 2023 |
FDC Buyback History
- FDC Buyback 2022
FDC Buyback 2023 Offer Details
FDC buyback of 31,00,000 equity shares at a price of ₹500 per equity share. The buyback offers not to exceed ₹155 crores of the total buyback offer size.
| Offer Amount: | ₹155 Crores |
| Number of Shares: | 31,00,000 Equity Shares |
| Face Value: | ₹1 per equity share |
| Buyback Price: | ₹500 per equity share |
| Listing: | BSE and NSE |
| Buyback Type: | Open Market |
FDC Buyback 2023 Acceptance Ratio
The investor should buy around 61 shares at a current market price of ₹380 (as of date). The calculation will be ₹2,00,000 / ₹500 buyback price = [.] shares.
| Acceptance Ratio | Investment | Shares Buyback | Profit |
|---|---|---|---|
| 33% | ₹167,200 | 132 | ₹10,824 |
| 50% | ₹167,200 | 200 | ₹16,400 |
| 75% | ₹167,200 | 300 | ₹24,600 |
| 100% | ₹167,200 | 400 | ₹32,800 |
FDC Financial Report
| Year(₹ in Crores) | Revenue | Expense | PAT |
|---|---|---|---|
| 2020 | ₹1331 | ₹997 | ₹301 |
| 2021 | ₹1525 | ₹1271 | ₹216 |
| 2023 | ₹1784 | ₹1533 | ₹194 |
How to Participate in FDC Buyback 2023
Investors who have FDC shares in their Demat FDCount as of the Record Date are eligible for the buyback plan. Eligible Shareholders can join in the FDC Buyback 2023 scheme by selling their shares using the opening form. The payment will be made in accordance with the FDCepted shares by the firm as part of the FDC repurchase scheme.
FDC Buyback 2023 Registrar
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in
FDC Company Address
FDC Limited
B – 8 MIDC area,
Waluj – 431 136
District – Aurangabad,
Phone: 0240 – 2554407
Email: [email protected]
Website: https://www.fdcindia.com
FDC Buyback 2023 Lead Managers
- Sundae Capital Advisors
FDC Buyback 2023 FAQs:
Q1. When is FDC Buyback 2023 Record Date?
Ans. FDC buyback 2023 record date is August 25, 2023.
Q2. When is FDC Buyback 2023 Open Date?
Ans. FDC buyback 2023 open date is August 31, 202.
Q3. What is FDC Buyback 2023 Price?
Ans. The company has fixed the price at ₹500 per share.
Q4. How to apply for FDC Buyback 2023?
Ans. As per the record date you need to have FDC shares in your Demat Account. You can participate in buyback after having the stock in your Account.
How to Apply for Different Portal :
Q1. How to Apply the FDC Buyback through Zerodha?
Steps. Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on Corporate Actions. You will see the Company Name “FDC”. Click on Place Order. Enter your Quantity and submit FDC Buyback Application Form.
Q2. How to Apply the FDC Buyback through Upstox?
Steps. Log in to Upstox Application with your credentials. Select the FDCount Section. You will see the Company Name “FDC”. Click on FDC Stock for Buyback. Enter your Quantity and submit FDC Buyback Application Form.
Q3. How to Apply the FDC Buyback through FDC Money?
Steps. Log in to FDC Money Application with your credentials. Select the FDC. Enter your Quantity and submit FDC Buyback Application Form.
