The board of ASAHI SONGWON COLORS LTD on 06th November approved share buyback worth ₹8.085 crore.The board has approved proposal to buyback 2.45 Lakhs shares, which represents 3.86% equity share, at ₹330 per share.
ASAHI SONGWON COLORS LTD BuyBack 2020 Offer Deal:
| Buyback Type: | Tender Offer |
| Buyback Record Date: | Nov 20 2020 |
| Buyback Offer Amount: | ₹ 8.085 Crore |
| Date of Board Meeting approving the proposal: | Nov 06 2020 |
| Date of Public Announcement: | Nov 10 2020 |
| Buyback Offer Size: | 3.86% |
| Buyback Number of Shares: | 2,45,000 |
| Price Type: | Tender Offer |
| FV: | 10 |
| Buyback Price: | ₹ 330 Per Equity Share |
ASAHI SONGWON COLORS LTD Buyback of 2,45,000 equity shares which is around 3.86% of all the existing number of equity shares at a price of ₹330 per equity share. The buyback offer not exceeding of ₹8.045 crore of total buyback offer size.
Note: If anything you want to know about the buyback offer you can refer the ASAHI SONGWON COLORS LTD buyback offer documents.
About ASAHI SONGWON COLORS LTD Company
Asahi Songwon Colors Ltd. is in the business of manufacturing pigments. Pigments are basically colourants, adding colour to everything around us, namely ink, paints, plastics, textiles, rubber etc.
Asahi Songwon Colors Ltd. is a leading player in the Indian Pigment industry and intends to become a leading manufacturer of pigments around the world. The company is in the manufacturing of CPC Beta Blue and Blue Crude, exporting substantial production to leading MNCs around the world on account of quality of its products.
Basic Objectives
ASCL aims to become a market leader in the pigment industry. With this view in the backdrop, The company's principal manufacturing facilities at Padra (Vadodara), manufacturing CPC Blue Crude and Beta Blue pigment has an installed capacity of 11400 tonnes per annum. The company is in the process of adding new products in its basket in future.
Asahi Songwon Colors Ltd. was incorporated in the year 1990. Its current market capitalization stands at Rs 279.44 Cr. In the latest quarter, company has reported Gross Sales of Rs. 2836.4 Cr and Total Income of Rs.2844.24 Cr. The company's management includes Arjun Gokul Jaykrishna, Munjal M Jaykrishna, Gokul M Jaykrishna, Pradeep Jha, Jayprakash M Patel, Arvind Goenka, R K Sukhdevsinhji, Paru M Jaykrishna, Paru M Jaykrishna.
It is listed on the BSE with a BSE Code of 532853 , NSE with an NSE Symbol of ASAHISONG and ISIN of INE228I01012. It's Registered office is at Asahi House, 13 ,Aaryans Corporate Park, Thaltej-shilaj Road, Thaltej Ahmedabad -380059, Gujarat. Their Registrars are ACC Ltd. It's auditors are Mahendra N Shah & Co, Trushit Chokshi & Associates
How to Participate in ASAHI SONGWON COLORS LTD Buyback?
3. Then on [Not Announced] the payment will be given to you for accepted shares and unaccepted shares will be returned to your demat account.
Company Contact Information:
ASAHI SONGWON COLORS LTD
Asahi House, 13 ,Aaryans Corporate Park,Thaltej-shilaj Road, Thaltej Ahmedabad -380059, Gujarat.
ASAHI SONGWON COLORS LTD Buyback 2020 FAQs:
When is ASCL Buyback Record Date?
HPCL buyback 2020 record date is 20 November 2020
When is ASCL Buyback announcement Date?
ASAHI SONGWON COLORS LTD buyback 2020 announcement date is 06 Nov 2020
What is ASCL Buyback Price?
The company has fixed the price at ₹330
How to apply for ASCL Buyback 2020?
As per the record date you need to have ASAHI SONGWON COLORS LTD shares in your demat account. You can participate in buyback after having the stock in your account.
