eClerx Services will buyback nearly 9,46,875 shares for about Rs.303 Crore. In a filing to the stock exchanges, eClerx Services said it will buyback percent of the fully paid-up equity shares at a price of Rs.3200/- per equity share.
The Board approved the proposal of Eclerx buyback of fully paid-up equity shares of face value 10 each of the Company for an amount not exceeding 303 Crores. Eclerx Buyback 2021 Size is being 24.98% and 20.59% of the aggregate of the total paid-up Equity Share capital and free reserves of the Company based on the latest standalone and consolidated audited financial statements of the Company respectively as of March 31, 2021. Eclerx Buyback 2021 price is 3,200 per Equity Share through the “tender offer” route, on a proportionate basis.
eClerx Services Buyback 2021 Offer Details:
|Buyback Type:||Tender Offer|
|Buyback Record Date:||Sep 30, 2021|
|Buyback Opening Date:||Oct 18, 2021|
|Buyback Closing Date:||Oct 31, 2021|
|Buyback Offer Amount:||₹ 303 Crore|
|Date of Board Meeting approving the proposal:||Sep 16, 2021|
|Date of Public Announcement:||Sep 18, 2021|
|Buyback Offer Size:||20.59%|
|Buyback Number of shares:||9,46,875|
|Price Type:||Tender Route|
|Maximum Buyback Price:||₹ 3200 Per Equity Share|
Details Of eClerx Services Buyback