Asahi Songwon Colors Buyback 2022 Date, Record Date, Price & Acceptance Ratio

Written by on May 21, 2022

Asahi Songwon Colors buyback 2022 is to open on To be updated soon. Asahi Songwon Colors buyback record date is June 03, 2022. The investor should buy the Asahi Songwon Colors shares on or before the record date to get eligibility for the buyback. Check out Asahi Songwon Colors Buyback 2022 details below:

Asahi Songwon Colors Buyback 2022 Dates

 Buyback Meeting Date:

 May 19, 2022

 Buyback Announcement Date: May 19, 2022
 Buyback Record Date: June 03, 2022
 Buyback Open Date: –
 Buyback Close Date:

 

 Finalization of Buyback Acceptance:

 

Asahi Songwon Colors Buyback 2022 Offer Details

Asahi Songwon Colors buyback of 200,000 equity shares at a price of ₹400 per equity share. The buyback offers not to exceed ₹9.60 crores of the total buyback offer size.

 Offer Amount: ₹9.60 Crores
 Number of Shares:

 200,000 Equity Shares

 Face Value:

 ₹10 per equity share

 Buyback Price: ₹400 per equity share
 Listing: BSE & NSE
 Buyback Type: Tender Offer
 Letter of Offer: Click Here

About Company – Asahi Songwon Colors

Asahi Songwon Colors Ltd. is a manufacturer of pigments. Pigments are basically colourants, adding colour to everything around us, namely ink, paints, plastics, textiles, rubber, etc. Asahi Songwon Colors Ltd. is a leading player in the Indian Pigment industry and intends to become a leading manufacturer of pigments around the world. The company is in the manufacturing of CPC Beta Blue and Blue Crude, exporting substantial production to leading MNCs around the world on account of the quality of its products.

Asahi Songwon Colors Buyback 2022 Acceptance Ratio

The investor should buy around 500 shares at a current market price of ₹301 (as of 20 May 2022). The calculation will be Rs.2,00,000 / ₹400 buyback price = 500 shares.

Acceptance RatioInvestmentShares BuybackProfit
33%₹150,50016516,335
50%₹150,50025024,750
75%₹150,500375₹37,125
100%₹150,50050049,500

Asahi Songwon Colors Financial Report

  ₹ in Crores
YearRevenueExpensePAT
2019₹293₹259₹18.30
2020₹284₹252₹22.83
2021₹285₹232₹32.94

Asahi Songwon Colors Buyback 2022 Eligible Share Holders

The investors are eligible for the buyback scheme who have Asahi Songwon Colors shares in their Demat account as the record date is June 03, 2022. Investors can participate in the Asahi Songwon Colors Buyback 2022 scheme as per the opening form by selling their shares. The payment will be given as per the accepted shares by the company under the Asahi Songwon Colors buyback scheme.

 

Asahi Songwon Colors Buyback 2022 Registrar

 

Asahi Songwon Colors Buyback 2022 Lead Managers

  • Systematix Corporate Services Limited

Asahi Songwon Colors Company Address

Asahi Songwon Colors Limited

“Asahi House” 13, Aaryans Corporate Park,

Near Shilaj Railway Crossing,

Thaltej – Shilaj road, Thaltej, Ahmedabad, 380059

Phone: 079 6832 5000

Email: [email protected]

Website: https://www.asahisongwon.com/index.html

Asahi Songwon Colors Buyback 2022 FAQs

When is Asahi Songwon Colors Buyback 2022 Record Date?

Asahi Songwon Colors buyback 2022 record date is June 03, 2022.

When is Asahi Songwon Colors Buyback 2022 Open Date?

Asahi Songwon Colors buyback 2022 open date is not fixed yet.

What is Asahi Songwon Colors Buyback 2022 Price?

The company has fixed the price at ₹400 per share.

How to apply for Asahi Songwon Colors Buyback 2022?

As per the record date you need to have Asahi Songwon Colors shares in your Demat account. You can participate in buyback after having the stock in your account.

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