Nature of the Disclosure

This is an Offer Opening Advertisement and Corrigendum to the Public Announcement for a buyback of equity shares, filed pursuant to the SEBI (Buyback of Securities) Regulations, 2018.

Key Quantitative Figures

  • The company is buying back up to 5,00,000 (Five Lakh) fully paid-up equity shares.
  • The face value of each share is ₹2.
  • The buyback represents 1.11% of the company's total paid-up equity share capital.
  • The buyback price is set at ₹1,400 per equity share.
  • The total maximum buyback size is ₹70.00 Crore.

Dates of Action

  • Record Date: Friday, May 29, 2026 (for determining shareholder eligibility).
  • Buyback Opening Date: Thursday, June 04, 2026.
  • Buyback Closing Date: Wednesday, June 10, 2026.
  • Last date for receipt of completed Tender Forms: Wednesday, June 10, 2026.
  • Last date for settlement of bids on the Stock Exchange: Wednesday, June 17, 2026.
  • The Public Announcement was originally published on Thursday, May 21, 2026.
  • The Letter of Offer was dated and submitted to SEBI on Tuesday, June 02, 2026.
  • The dispatch of the Letter of Offer to shareholders was completed on Tuesday, June 02, 2026.

Parties Involved

  • Manager to the Buyback: Sundae Capital Advisors Private Limited.
  • Registrar to the Buyback: Bigshare Services Private Limited.
  • Designated Stock Exchange: National Stock Exchange of India Limited (NSE).
  • Other Stock Exchange: BSE Limited.
  • Regulator: Securities and Exchange Board of India (SEBI).

Buyback Entitlement Ratio

The entitlement ratio for shareholders, based on their holding as of the Record Date (May 29, 2026), is as follows:

  • Reserved Category for Small Shareholders: 1 Equity Share for every 15 Equity Shares held. The precise entitlement is 7.13047050%.
  • General Category for all other Eligible Shareholders: 5 Equity Shares for every 518 Equity Shares held. The precise entitlement is 0.96532770%.

These ratios are approximate, and the precise percentages should be used for accurate calculation.

Corrigendum to Public Announcement

This document serves as a corrigendum to the original Public Announcement dated May 20, 2026. It revises the acquisition details for promoters, as originally stated in Clause 4.2:

  • Ram Gopal Agarwal (Sr. No. 2): Acquisition of 65,806 shares on 02.12.2015 pursuant to a Scheme of Arrangement for a consideration of ₹21,256. Acquisition of 10,100 shares on 08.12.2023 via market purchase for a cash consideration of ₹97,79,599.
  • Madhuri Dhanuka (Sr. No. 11): Acquisition of 27,097 shares on 02.12.2015 pursuant to a Scheme of Arrangement for a consideration of ₹8,753. Acquisition of 27,343 shares on 26.08.2025 via transmission/transfer as per a will for a consideration of ₹8,832.

All other terms of the original Public Announcement remain unchanged.

Instructions to Shareholders

  • Eligible Shareholders are those holding shares as of the Record Date (May 29, 2026).
  • Shareholders holding shares in demat form must tender shares through their broker (Seller Member) via the electronic platform provided by NSE.
  • Shareholders holding shares in physical form must participate through a Selling Broker by providing the required documents.
  • The Letter of Offer, Tender Form, and Form SH-4 are available on the websites of the Company (www.dhanuka.com), SEBI (www.sebi.gov.in), the Registrar (www.bigshareonline.com), the Manager (www.sundaecapital.com), BSE (www.bseindia.com), and NSE (www.nseindia.com).
  • Shareholders can check their precise entitlement on the Registrar's website (www.bigshareonline.com) by entering their folio number, DP ID/Client ID, or PAN.
  • If a physical copy of the Letter of Offer is requested, the company will dispatch it.