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buyback of Marksans Pharma 2022 was announced on July 8, 2022. The Marksans Pharma The opening date for purchase is July 15 and will close on January 14. Buyback of Marksans Pharma the record date is not set as the repurchase offer is Open Market. The investor should purchase Marksans Pharma shares prior to the record date to be eligible for the buyback.
Buyback of Marksans Pharma of Rs.60 crore approved by the board of directors in the meeting held on July 8, 2022. The buyback of Marksans Pharma will be done through the open market route through the stock exchange mechanism. The board of directors of the company approved the repurchase by the company of its fully paid up equity shares of the face value of ₹ 1 each equity share at a price not exceeding ₹ 60 per equity share and for a total amount not exceeding ₹60 million from the shareholders. Check out Marksans Pharma Repurchase 2022 details below:
Marksans Pharma Limited is one of the leading pharmaceutical companies in India. They are researching, manufacturing and marketing finished dosage pharmaceutical formulations. They have world-class manufacturing facilities leveraging state-of-the-art technology, incorporating best practices and adhering to strict regulatory compliances. Their plants are approved by the prestigious US FDA, UK MHRA, Australian TGA and other foreign health authorities. Marksans Pharma’s main markets are USA, Europe, Canada, Australia and other emerging markets such as Southeast Asia, Africa, Latin America, Russia and CIS countries. The product portfolio of more than 500 products, which are registered in these countries.
Marksans Pharma 2022 Buyback Dates
Buyback meeting date: | July 8, 2022 |
Buyback announcement date: | July 8, 2022 |
Repurchase registration date: | Open Market |
Redemption opening date: | July 15, 2022 |
Purchase closing date: | January 14, 2023 |
Completion of buyback acceptance: | N/A |
Marksans Pharma 2022 Buyback Offer Details
buyback of Marksans Pharma [.] equity shares at a price of ₹60 per equity share. The buyback offers not to exceed 60 million rubles of the total size of the repurchase offer.
Bid Amount: | 120 million rubles |
Number of shares: | [.] Equity shares |
Apparent value: | ₹1 per capital share |
Buyback price: | ₹60 per capital share |
List: | BSE and NSE |
Repurchase Type: | Open Market |
Public announcement: | Click here |
Marksans Pharma Buyback Acceptance Ratio
Investor should buy about 3333 shares at current market price of ₹50 (as of July 8, 2022). The calculation will be ₹2,00,000 / ₹60 buyback price = 3,333 shares.
Acceptance ratio | investment | Buyback of shares | benefit |
33% | R$ 166,666 | 1100 | ₹11,000 |
50% | R$ 166,666 | 1666 | ₹16,660 |
75% | R$ 166,666 | 2500 | ₹25,000 |
100% | R$ 166,666 | 3333 | ₹33,330 |
Marksans Pharma Financial Report
₹ in Crores | |||||
course | income | expense | PAT |
||
2020 | ₹433 | ₹369 | ₹ 37.90 | ||
2021 | ₹630 | ₹491 | ₹ 98.38 | ||
2022 | ₹700 | ₹548 | ₹ 103.99 |
How to participate in the buyback of Marksans Pharma?
Investors are eligible for the buyback scheme who hold shares of Marksans Pharma in their Demat account as Open Market. Eligible share holders can participate in the Marksans Pharma Buyback Program 2022 as per the opening form by selling their shares. The payment will be made in accordance with the shares accepted by the company under the Marksans Pharma buyback plan.
Marksans Pharma buyback registration
Bigshare Services Pvt Ltd
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis, Makwana Road, Marol,
Mumbai 400059, Maharashtra
Phone: 022-62638200
E-mail: [email protected]
Website: http://www.bigshareonline.com
Marksans Pharma Buyback 2022 Principal Managers
Marksans Pharma company address
Marksans Pharma Ltd
11th Floor, Veera Desai Extension Road,
Oshiwara, Andheri (W), Mumbai – 400 053
Telephone: +91 224001 2000
E-mail: [email protected]
Website: http://marksanspharma.com/index.html
How to Apply Marksans Pharma Buyback through Zerodha?
Log in to the console on the Zerodha website or app. Go to Portfolio and click on Corporate Shares. You will see the company name “Marksans Pharma”. Click Place Order. Enter your quantity and submit the Marksans Pharma Repurchase Request Form.
How to Apply Marksans Pharma Buyback via Upstox?
Log in to the Upstox app with your credentials. Select the Account section. You will see the company name “Marksans Pharma”. Click Marksans Pharma Shares for Repurchase. Enter your quantity and submit the Marksans Pharma Repurchase Request Form.
How to apply Marksans Pharma buyback using Paytm Money?
Login to Paytm Money app with your credentials. Select Marksans Pharma. Enter your quantity and submit the Marksans Pharma Repurchase Request Form.
Marksans Pharma 2022 Buyback FAQ
When is the record date for Marksans Pharma Buyback 2022?
Marksans Pharma’s record buyback date 2022 is Open Market.
When is Marksans Pharma Buyback 2022 opening date?
Marksans Pharma 2022 buyback opening date is July 15, 2022.
What is the price of Marksans Pharma Buyback 2022?
The company has set the price a ₹60 per share.
How to apply for Marksans Pharma Buyback 2022?
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