Dhanuka Agritech spurts after Rs 70-cr share buyback plan; Q4 PAT jumps 29% YoY
Mumbai, May 19 -- The board of directors of Dhanuka Agritech announced a share buyback worth up to Rs 70 crore at a price of Rs 1,400 per share through the tender offer route. The company will buy back up to 500,000 fully paid-up equity shares of face value Rs 2 each, representing 1.11% of its total paid-up equity capital.
The board has fixed 29 May 2026 as the record date to determine eligible shareholders who can participate in the buyback offer. The company also said promoters and promoter group entities intend to participate in the proposed buyback.
The company's board also recommended a final dividend of Rs 2 per equity share of face value Rs 2 each for FY26. The dividend will be paid within 30 days from the conclusion of the compa...
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