Pennar Industries Buyback Record Date 2022, Price, Eligibility, How to Apply & Acceptance Ratio

Pennar Industries (NSE: PENIND BSE: 513228) buyback was announced on 09 March 2022. The Pennar Industries buyback record date is not fixed as it’s an open market offer. The investor should buy the Pennar Industries shares on or before the record date to get the eligibility for the buyback.

Pennar Industries has started its engineering excellence in 1998. They established their first manufacturing plant at Isnapur, Hyderabad. After that, they have a series of strategic acquisitions and expansion plans. They are one of the leading value-added engineering products and solutions providers in India. They have made their presence in the industries like Infrastructure, Agriculture, Mining, Marine, Paper, Shipping, Automobiles, Power, General Engineering, and Building & Construction sectors. Currently they have around 9 manufacturing plants in India and a presence globally. They cater to some of the bigger clients like Tata, L&T, Ashok Leyland, IFB, Mahindra, JSW, NCC, Honda, TVS, Eicher, Whirlpool, Toyota, Voltas, LG, HCC, P&G, BGR Energy, Hyundai, Maruti Suzuki, MRF, NTPC, Bhel, and more. Check out Pennar Industries Buyback 2022 details as below given:

Pennar Industries

Pennar Industries  Buyback Record Date 2022 & Time Table

 Buyback Meeting Date:

 09 March 2022

 Buyback Announcement Date:  09 March 2022
 Buyback Record Date:  Open Market
 Buyback Open Date:  2022
 Buyback Close Date:


 Finalization of Buyback Acceptance:


Pennar Industries Buyback 2022 Offer Details

 Offer Amount:  ₹40 Crores
 Number of Shares:

 – Shares

 Face Value:

 ₹5 per equity share

 Buyback Price:  ₹50 per equity share
 Listing:  BSE & NSE
 Buyback Type:  Open Market Offer

Pennar Industries buyback of – equity shares that are around -% of all the existing number of equity shares at a price of ₹50 per equity share. The buyback offers not to exceed ₹40 crores of the total buyback offer size. Pennar Industries Buyback Acceptance Ratio will be around (To be updated soon).

Pennar Industries Buyback Acceptance Ratio (Estimated)

The investor should buy around 4000 shares at a current market price of ₹36.50 (As of 15 March 2022). The calculation will be Rs.2,00,000 / 50 buyback price = 4000 shares.

Acceptance Ratio Investment Shares Buyback Profit
33% ₹146,000 1320 17,820
50% ₹146,000 2000 27,000
75% ₹146,000 3000 40,500
100% ₹146,000 4000 54,000

Pennar Industries Financial Report

  ₹ in Crores
Revenue Expense PAT
2019 ₹2142 ₹2063 ₹66.66
2020 ₹2118 ₹2064 ₹53.40
2021 ₹1534 ₹1560 ₹2.84

Pennar Industries Buyback Eligibility & How to Apply

The investors are eligible for the buyback scheme who have Pennar Industries shares in their Demat account as the record date is not fixed as it’s an open market offer. Investors can participate in the Pennar Industries 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 Pennar Industries buyback scheme. The investors can participate in buyback via physical form or via your broker or Demat account by placing an order.

Checkout Current Pennar Industries Shares market price on NSE and BSE: Pennar Industries Share Price Today

Pennar Industries Buyback Registrar

KFintech Private Limited

KFintech, Tower-B, Plot No 31 & 32,

Financial District, Nanakramguda, Gachibowli,

Hyderabad, Telangana India – 500 032.

Phone: 04067162222, 04079611000




Pennar Industries Buyback Lead Managers

  • Finshore Management Services Limited

Pennar Industries Company Address

Pennar Industries Limited

3 Floor, DHFLVC Silicon Towers, Kondapur,

Hyderabad – 500 084

Phone: +91 40 41923108



Pennar Industries Buyback 2022 FAQs

When is Pennar Industries Buyback Record Date?

Pennar Industries buyback 2022 record date is Open Market Offer.

When is Pennar Industries Buyback Announcement Date?

Pennar Industries buyback 2022 announcement date is 09 March 2022.
What is Pennar Industries Buyback Acceptance Ratio?

Pennar Industries buyback Acceptance ratio will be around -%.
What is Pennar Industries Buyback Price?

The company has fixed the price at ₹50 per share.
How to apply for Pennar Industries Buyback 2022?

As per the record date you need to have Pennar Industries shares in your Demat account. You can participate in buyback after having the stock in your account.

Note: If anything you want to know about the buyback offer you can refer to the Pennar Industries buyback offer documents.

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