Thursday, June 06, 2019

Triveni Engineering Buyback 2019 Record Date, Buyback Price & Details

 Thursday, June 06, 2019  
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Triveni Engineering & Industries Limited is working in areas of sugar and engineering. The company is one of the largest sugar manufacturers in India. They are also a market leader in engineering businesses. They have 7 sugar mills, 6 co-generation units and 1 distillery spread over 8 locations in Uttar Pradesh. They are largest Indian manufacturer of high-speed and niche low speed gears and gearboxes.


Triveni Engineering Buy Back 2019 Offer Details:

 Buyback Record Date:
  19-Jun-2019
 Board Meeting Approval:   03-Jun-2019
 Public Announcement:   03-Jun-2019
 Buyback Offer:   ₹100 Crore
 Buyback Offer Size:   3.88%
 Number of Shares:
  10000000
 Share Face Value:
  ₹1
 Buyback Price:   ₹100
 Buyback Type:   Tender Offer

Triveni Engineering buyback of 10000000 equity shares which is around 3.88% of all the existing number of equity shares at a price of ₹100 per equity share. The buyback offer not exceeding of ₹100 crore of total buyback offer size.

Triveni Engineering Buyback Eligible Share Holders:
The investors are eligible of the buyback scheme who have Triveni Engineering shares in their Demat account as record date 19-June-2019. Investors can participate in the Triveni Engineering 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 Triveni Engineering buyback scheme.

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

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

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