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Dhanuka Agritech’s share buyback offer to open on December 26

20 Dec 2022 Evaluate

Dhanuka Agritech’s share buyback offer is all set to open on December 26. The buyback will close on January 6, 2023. The company has proposed to buy back 10 lakh shares of face value of Rs 2 each at Rs 850 per share for an aggregate amount of Rs 85 crore through a tender offer process. The board approved the buyback of shares in a meeting held on November 1, 2022.

Dhanuka Agritech is one of India’s leading agro-chemical Company. It has solutions for all major crops grown in the country including cotton, paddy, wheat, sugarcane, pulses, fruits & vegetables, plantation crops and others.

Peers
Company Name CMP
UPL 538.00
PI Industries 2300.00
Bayer CropScience 3603.85
Sharda Cropchem 721.10
Sumitomo Chem. India 431.30
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