Asahi Songwon Colors Buyback 2022 Date, Record Date, Price & Acceptance Ratio

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Asahi Songwon Colors Buyback 2022 have to open June 22, Asahi Songwon Colors Buyback Record date June 03, 2022. Is, To be eligible for the buyback, an investor must purchase Asahi Songwon Colors shares on or before the record date. Check out Asahi Songwon Colors Buyback 2022 details below:

Asahi Songwon Colors


Asahi Songwon Colors Buyback 2022 Dates

Buyback meeting date: 19 May 2022
Buyback Announcement Date: 19 May 2022
Buyback Record Date: June 03, 2022
Buyback Open Date: 22 June 2022
Buyback closing date: 5 July 2022
Finalizing Buyback Acceptance: 12 July 2022

Asahi Songwon Colors Buyback 2022 Offer Details

Asahi Songwon Colors Buyback 200,000 Equity Shares At the expense of ₹400 per equity share, Buyback offer should not exceed ₹ 9.60 crore of the total buyback offer size.

Offer Amount: ₹ 9.60 crore
number of shares: 200,000 common share
Face value: ₹10 per equity share
Buyback Price: ₹400 per equity share
Listing: BSE and NSE
Buyback Type: tender offer
letter of Offer: click here

About Company – Asahi Songwon Colors

Asahi Songwon Colors Limited is a manufacturer of pigments. Pigments are basically colourants, which add color to everything around us, such as inks, paints, plastics, textiles, rubber, etc. Asahi Songwon Colors Limited is a leading player in the Indian pigment industry and intends to become a leading manufacturer of pigments. World. The company is into the manufacture of CPC Beta Blue and Blue Crude, exporting substantial production to leading MNCs across the world due to the quality of its products.

Asahi Songwon Colors Buyback 2022 Acceptance Ratio

The investor should buy around 500 shares at the current market price of ₹ 301 (by 20 May 2022). The calculation would be ₹2,00,000 / ₹400 buyback value = 500 shares.

acceptance ratio Investment share buyback Benefit
33% ₹150,500 165 ₹16,335
50% ₹150,500 250 24,750
75% ₹150,500 375 ₹37,125
100% ₹150,500 500 49,500

Asahi Songwon Colors Financial Report

₹ in crore
year revenue Expense to Pat
2019 ₹293 ₹259 ₹18.30
2020 ₹284 ₹252 ₹22.83
2021 ₹285 ₹232 ₹32.94

Asahi Songwon Colors Buyback 2022 Eligible Shareholders

Those investors are eligible for buyback scheme having Asahi Songwon Colors shares in their demat account Record date June 03, 2022. Is, Investors can participate in the Asahi Songwon Colors Buyback 2022 plan by selling their shares as per the initial form. The payment will be made in accordance with the shares accepted by the Company under the Asahi Songwon Colors buyback scheme.

Asahi Songwon Colors Buyback 2022 Registrar

will be updated soon

Asahi Songwon Colors Buyback 2022 Lead Managers

  • Systematics Corporate Services Limited

Asahi Songwon Colors Company Address

Asahi Songwon Colors Limited
“Asahi House” 13, Aryans Corporate Park,
Near Shilaj Railway Crossing,
Thaltej – Shilaj Road, Thaltej, Ahmedabad, 380059
Phone: 079 6832 5000
Email: [email protected]
Website: https://www.asahisongwon.com/index.html

Asahi Songwon Colors Buyback 2022 FAQs

When is the Asahi Songwon Colors Buyback 2022 Record Date?

Asahi Songwon Colors buyback 2022 is record date June 03, 2022,

When is Asahi Songwon Colors Buyback 2022 Open Date?

Asahi Songwon Colors Buyback 2022 Open Date 22 June 2022,

What is the Asahi Songwon Colors Buyback 2022 Price?

The company has fixed the price ₹400 per share.

How to apply for Asahi Songwon Colors Buyback 2022?

You should have shares of Asahi Songwon Colors in your Demat account as on the record date. You can participate in buybacks once you have stock in your account.

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