Care Ratings Buyback 2022 Record Date, Price & Ratio Details – IPO Watch

Care Ratings buyback 2022 is to be announced on July 20, 2022. The Care Ratings buyback open date is November 18. Care Ratings buyback record date is September 14. The investor should buy the Care Ratings shares before the record date to get eligibility for the buyback.

Care Ratings Buyback of ₹122 crores approved by the board of directors at the meeting was held on July 20, 2022. Care Ratings Buyback will be done via the Tender Offer route through the stock exchange mechanism. The board of directors of the company approved the buyback by the Company of its fully paid-up equity shares having a face value of ₹10 each equity share at a price not exceeding ₹515 per Equity Share and for an aggregate amount not exceeding ₹121 crores from the shareholders. Check out Care Ratings Buyback 2022 details below:

CareEdge Ratings (CARE Ratings Ltd) commenced operations in April 1993 and in almost 3 decades has established itself as one of the leading credit rating agencies in India. CareEdge Ratings has emerged as the leading agency for covering many rating segments including manufacturing, infrastructure, a financial sector including banks, and non-financial services, among others. The company has an established track record of rating companies over almost three decades and has had a pivotal role to play in developing bank debt and capital market instruments including CPs, corporate bonds and debentures, and structured credit. CareEdge is recognized for being a knowledge-based group and provides near real-time research on all domestic and global economic developments. Special studies and surveys are also undertaken on different subjects. The Industry Research team tracks and publishes sector reports on an ongoing basis. CareEdge Ratings’ (CARE Ratings Ltd.) wholly-owned subsidiaries include CARE Advisory, Research & Training Ltd. and CARE Risk Solutions Pvt Ltd. In the global arena, CARE Ratings Ltd. is a partner in ARC Ratings, an international credit rating agency. The company also has subsidiaries in Mauritius ‘CareEdge Ratings (Africa) Private Limited (CRAF)’ and in Nepal ‘CareEdge Ratings Nepal’. The company has a strategic alliance with Japan Credit Ratings Agency (JCR) and MoU with Russian rating agency ACRA.

Care Ratings Buyback 2022 Acceptance Ratio

How to Participate in Care Ratings Buyback 2022

The investors are eligible for the buyback scheme who have Care Ratings shares in their Demat account as the [.]. Eligible Share Holders can participate in the Care Ratings 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 Care Ratings buyback scheme.

Care Ratings Buyback 2022 Registrar

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