MAYUR UNIQUOTERS LIMITED BuyBack 2020, with Record and Payment Details & History

The board of MAYUR UNIQUOTERS LIMITED on 10th November approved share buyback worth ₹30 crore. The board has approved proposal to buyback 7,50,000 Lakhs shares, which represents 1.65% equity share, at ₹400 per share.

The Board of Directors of Mayur Uniquoters Limited (the board of directors of the Company hereinafter referred to as the “Board”, which expression includes any committee constituted and authorized by the Board to exercise its powers), at its meeting held on November 10, 2020 (the “Board Meeting”), pursuant to the provisions of Article 63 of Articles of Association of the Company, Section 68, 69 and 70 and all other applicable provisions, if any, of the Companies Act, 2013, as amended (the “Companies Act”), the Companies (Share Capital and Debentures) Rules, 2014, the Companies (Management and Administration) Rules, 2014, to the extent applicable, the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the “Listing Regulations”), and in compliance with the Buyback Regulations and subject to such approvals of statutory, regulatory or governmental authorities as may be required under applicable laws, approved the buyback by the Company of up to 7,50,000 (Seven Lakh Fifty ThousandOnly) Fully Paid-up Equity Shares of face value of Rs. 5/- each (representing up to 1.65 % of the total number of Equity Shares in the total paid-up Equity Share Capital of the Company) at a price of Rs. 400/- (Rupees Four Hundred Only) per Equity Share (“Buyback Price”) payable in cash for an aggregate amount of up to Rs. 30,00,00,000/- (Rupees Thirty Crores Only) (“Buyback Size”), which represents 5.13% and 5.12% of the aggregate of the paid-up Equity Share Capital and Free Reserves as per the latest audited standalone and consolidated financial statements of the Company as at March 31, 2020 respectively (which is within the statutory limits of 10% (Ten percent) of the aggregate of the paid-up Equity Share capital and free reserves under the Board approval route as per the provisions of the Companies Act), on a proportionate basis through the “tender offer” route as prescribed under the Buyback Regulations, from all of the shareholders of the Company who hold Equity Shares as on November 25, 2020 (the “Record Date”).

    mayur uniquoters buyback 2020

    MAYUR UNIQUOTERS LIMITED BuyBack 2020 Offer Deal:

    Buyback Type: Tender Offer
    Buyback Record Date: Nov 25 2020
    Buyback Offer Amount: ₹ 30 Crore
    Date of Board Meeting approving the proposal: Nov 10 2020
    Date of Public Announcement: Nov 12 2020
    Buyback Offer Size: 1.65%
    Buyback Number of s: 7,50,000
    Price Type: Tender Offer
    FV: 5
    Buyback Price: ₹ 400 Per Equity Share
    MAYUR UNIQUOTERS LIMITED Buyback of 7,50,000 equity shares which is around 1.65of all the existing number of equity shares at a price of ₹ 400 per equity share. The buyback offer not exceeding of ₹ 30 crore of total buyback offer size.

    Note: If anything you want to know about the buyback offer you can refer the MAYUR UNIQUOTERS LIMITED buyback offer documents. Click Here

    MAYUR UNIQUOTERS LIMITED Buyback Important Dates

    Buyback Activity Date
    Board Meeting for NMDC Buyback proposal 10.11.2020
    Mayur Uniq Ltd Buyback Approval date 11.11.2020
    Public Announcement of  Buyback 12.11.2020
    Buyback Record Date 25.11.2020
    Buyback opens on/Buyback Opening Date 30.12.2020
    Buyback closes on/Buyback Closing Date 12.01.2021
    Cut-off date to receive completed tender forms by Registrar 14.01.2021
    Cut-off date for verification by the Registrar 20.01.2021
    Cut-off date to inform Stock Exchange on acceptance or
    non-acceptance of tendered Equity Shares by Registrar
    20.01.2021
    Last date of settlement of bids on the stock exchange 21.01.2021
    Last date to return unaccepted shares by Registrar 21.01.2021
    Last date of extinguishment of Equity Shares 28.01.2021

    MAYUR UNIQUOTERS LIMITED Shareholding Pattern

    Category No. of shares Percentage
    Promoters 2,132,453,593 69.65
    Foreign Institutions 136,271,336 4.45
    NBFC and Mutual Funds 131,173,255 4.28
    Central Government 2,996,756 0.10
    Others 34,559,647 1.13
    General Public 129,603,528 4.23
    Financial Institutions 494,791,544 16.16

    About MAYUR UNIQUOTERS LIMITED Company

    Mayur Uniquoters Ltd. was incorporated in the year 1992. Its today’s share price is 264.95. Its current market capitalisation stands at Rs 1192.57 Cr. In the latest quarter, company has reported Gross Sales of Rs. 5337.69 Cr and Total Income of Rs.5478.82 Cr. The company’s management includes Tanuja Agarwal, Shyam Agrawal, Ratan Kumar Roongta, Arvind Kumar Sharma, Arun Kumar Bagaria, Suresh Kumar Poddar, Suresh Kumar Poddar.

    It is listed on the BSE with a BSE Code of 522249 , NSE with an NSE Symbol of MAYURUNIQ and ISIN of INE040D01038. It’s Registered office is at Jaipur Sikar Road, Village : Jaitpura, Tehsil : Chomu Jaipur Dist-303704, Rajasthan. Their Registrars are ACC Ltd. It’s auditors are Madhukar Garg & Co, Price Waterhouse Chartered Accountants LLP

    How to Participate in MAYUR UNIQUOTERS LIMITED Buyback?

    1. Firstly, to be eligible for the buyback the investor should have shares of MAYUR UNIQUOTERS LIMITED in demat or physical form as on record date.

    2. Once you have shares in demat, you can participate in the buyback process which is opening from [Not Announced], by selling your shares through your broker on NSE or BSE.
     

    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:

    28, 4th Floor, Lakshmi Complex,
    M.I. Road, Jaipur-302001,
    (Rajasthan), India
    Phone No : +91-141-2361132
    Fax No : +91-141- 2365423

    MAYUR UNIQUOTERS LIMITED Buyback 2020 FAQs:

    When is MAYUR UNIQUOTERS LIMITED Buyback Record Date?

    MAYUR UNIQUOTERS LIMITED buyback 2020 record date is 25 November 2020

    When is MAYUR UNIQUOTERS LIMITED Buyback announcement Date?

    MAYUR UNIQUOTERS LIMITED buyback 2020 announcement date is 12 Nov 2020
    What is MAYUR UNIQUOTERS LIMITED Buyback Price?

    The company has fixed the price at ₹ 400 

    How to apply for MAYUR UNIQUOTERS LIMITED Buyback 2020?

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

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