Atul (NSE: ATUL, BSE: 500027) buyback was announced on 25 March 2022. The Atul buyback record date is not fixed as it’s an open market offer. The investor should buy the Atul shares on or before the record date to get the eligibility for the buyback.
Atul Ltd (Atul) is an integrated chemical company. The company was founded by Kasturbhai Lalbhai in 1947. They manufacture over 900 products and 400 formulations with around 140 retail brands. Their subsidiaries are in the USA, UK, China, Brazil, and the UAE. Atul established successful joint venture companies with world-renowned multi-national companies namely American Cyanamid Company (now a part of BASF AG and Pfizer Inc) in 1947, Imperial Chemical Industries plc (now a part of Akzo Nobel and Astra Zeneca plc) in 1955, and Ciba-Geigy Ltd (now a part of BASF AG and Huntsman Corporation) in 1960. Their registered office is in Ahmedabad, Gujarat, and the head office is also in Gujarat, India. Check out Atul Buyback 2022 details below given:
Atul Buyback Record Date 2022 & Time Table
|Buyback Meeting Date:||
25 March 2022
|Buyback Announcement Date:||25 March 2022|
|Buyback Record Date:||Open Market Offer|
|Buyback Open Date:||2022|
|Buyback Close Date:||
|Finalization of Buyback Acceptance:||
Atul Buyback 2022 Offer Details
|Offer Amount:||₹70 Crores|
|Number of Shares:||
₹10 per equity share
|Buyback Price:||₹11000 per equity share|
|Listing:||BSE & NSE|
|Buyback Type:||Open Market Offer|
Atul buyback of 63,636 equity shares that are around -% of all the existing number of equity shares at a price of ₹11000 per equity share. The buyback offers not to exceed ₹70 crores of the total buyback offer size. Atul Buyback Acceptance Ratio will be around (To be updated soon).
Atul Buyback Acceptance Ratio (Estimated)
The investor should buy around 18 shares at a current market price of ₹- (As of 2022). The calculation will be Rs.2,00,000 / 11000 buyback price = 18 shares.
|Acceptance Ratio||Investment||Shares Buyback||Profit
Atul Financial Report
|₹ in Crores|
Atul Buyback Eligibility & How to Apply
The investors are eligible for the buyback scheme who have Atul shares in their Demat account as the record date is not fixed as it’s an open market offer. Investors can participate in the Atul 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 Atul buyback scheme. The investors can participate in buyback via physical form or via your broker or Demat account by placing an order.
Atul Buyback Registrar
Atul Buyback Lead Managers
Atul Company Address
To be updated soon
Atul Buyback 2022 FAQs
Atul buyback 2022 record date is Open Market Offer.
Note: If anything you want to know about the buyback offer you can refer to the Atul buyback offer documents.