FDC Buyback 2019 Record Date, Buyback Price & Details

Table of Contents

FDC India Limited is a pharma company and they are in the business since 1940. The firm Fairdeal Corporation (Private) Limited and in 1986 its name was changed to FDC Private Limited. Thereafter, FDC became a public limited company, and was listed on the Bombay and National Stock Exchanges of India in 1996. The make more than 300 products in India. They exports their many of products to 50 countries. They have manufacturing facilities at Roha, Waluj and Sinnar in Maharashtra, Verna in Goa and Baddi in Himachal Pradesh.

FDC Buy Back 2019 Offer Details:

 Buyback Record Date:
  07-June-2019
 Board Meeting Approval:  24-Apr-2019
 Public Announcement:  24-Apr-2019
 Buyback Offer:  ₹120.05 Crore
 Buyback Offer Size:  <10.00%
 Number of Shares:
  34,30,000
 Share Face Value:
  ₹1
 Buyback Price:  ₹350
 Buyback Type:  Tender Offer

FDC buyback of 34,30,000 equity shares which is around <10.00% of all the existing number of equity shares at a price of ₹350 per equity share. The buyback offer not exceeding of ₹120.05 crore of total buyback offer size.

FDC Buyback Eligible Share Holders:
The investors are eligible of the buyback scheme who have FDC shares in their Demat account as record date 07-June-2019. Investors can participate in the FDC Buyback 2019 scheme as per the opening form by selling your shares. The payment will be given as per the accepted shares by the company under the FDC buyback scheme.

Checkout Current FDC Shares market price on NSE and BSE: FDC Live Quote

Note: If anything you want to know about the buyback offer you can refer the FDC buyback offer documents.

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