Buyback Details

  • Buyback Route: Tender Offer through stock exchange mechanism
  • Number of Shares: 5,00,000 (Five Lakh) Fully Paid-up Equity Shares
  • Face Value: ₹2 per share
  • Buyback Price: ₹1,400 per Equity Share
  • Total Buyback Size: ₹70.00 Crore (excluding transaction costs)
  • Percentage of Paid-up Capital: 1.11%
  • Percentage of Total Capital & Free Reserves: 4.20% (based on audited financial statements as on March 31, 2026)

Key Dates

  • Record Date: Friday, May 29, 2026
  • Tendering Period: Thursday, June 04, 2026 to Wednesday, June 10, 2026
  • Settlement Completion: Wednesday, June 17, 2026
  • Extinguishment Completion: Monday, June 29, 2026 (expected)

Subscription Details

  • Total Valid Bids: 23,780 bids for 31,93,585 Equity Shares
  • Oversubscription: 638.72%
  • Small Shareholders Category: Reserved 75,000 shares, received 22,885 bids for 2,66,569 shares (355.43% response)
  • General Category: Reserved 4,25,000 shares, received 895 bids for 29,27,016 shares (688.71% response)

Settlement Process

  • Expression of acceptance/rejection dispatched by Registrar on June 17, 2026
  • Settlement completed by NSE Clearing Limited on June 17, 2026
  • Payment transferred to concerned Seller Brokers/Custodians for demat shareholders
  • Dematerialized Equity Shares accepted under buyback transferred to company's account

Capital Structure Impact

Pre-Buyback Capital Structure:

  • Authorized Share Capital: 14,21,00,000 Equity Shares of ₹2 each (₹28.42 Crore) + 5,80,000 Preference Shares of ₹10 each (₹0.58 Crore)
  • Issued, Subscribed and Paid-up Capital: 4,50,78,324 Equity Shares of ₹2 each (₹9.02 Crore)

Post-Buyback Capital Structure:

  • Authorized Share Capital: Unchanged
  • Issued, Subscribed and Paid-up Capital: 4,45,78,324 Equity Shares of ₹2 each (₹8.92 Crore) after extinguishment of 5,00,000 shares

Significant Shareholders in Buyback

Shareholders who accepted more than 1% of total shares bought back:

1. Triveni Trust: 2,50,192 shares (50.04% of buyback, 0.56% of post-buyback capital)

2. Pushpa Dhanuka Trust: 44,433 shares (8.89% of buyback, 0.10% of post-buyback capital)

3. DSP Mutual Fund (2 schemes): 43,339 shares (8.67% of buyback, 0.10% of post-buyback capital)

4. Kotak Small Cap Fund: 13,335 shares (2.67% of buyback, 0.03% of post-buyback capital)

5. HDFC Mutual Fund - HDFC Mid-Cap Fund: 12,004 shares (2.40% of buyback, 0.03% of post-buyback capital)

6. Life Insurance Corporation of India: 10,743 shares (2.15% of buyback, 0.02% of post-buyback capital)

7. ICICI Prudential Mutual Fund (3 schemes): 6,134 shares (1.23% of buyback, 0.01% of post-buyback capital)

Shareholding Pattern Change

Promoter Shareholding:

  • Pre-Buyback: 3,14,25,468 shares (69.71%)
  • Post-Buyback: 3,11,21,902 shares (69.81%)

Public Shareholding:

  • Pre-Buyback: 1,36,52,856 shares (30.29%)
  • Post-Buyback: 1,34,56,422 shares (30.19%)

Service Providers

  • Manager to Buyback: Sundae Capital Advisors Private Limited (SEBI Regn. No.: INM000012494)
  • Registrar to Buyback: Bigshare Services Private Limited
  • Clearing Corporation: NSE Clearing Limited (formerly NSCCL)

Directors' Responsibility

The Board of Directors of Dhanuka Agritech Limited has accepted full responsibility for the information contained in this Post Buyback Public Announcement as required under Regulation 24(i)(a) of SEBI Buyback Regulations.