Care Ratings Buyback 2022 Record Date, Price & Ratio Details
Written by Lucky Wilson | KGTO Writer on July 14, 2022
Care Ratings buyback 2022 is to be announced on July 20, 2022. The Care Ratings buyback open date is not announced yet. Care Ratings buyback record date is not fixed yet. The investor should buy the Care Ratings shares before the record date to get eligibility for the buyback.
CareEdge Ratings (CARE Ratings Ltd) commenced operations in April 1993 and in almost 3 decades has established itself as one of the leading credit rating agencies in India. CareEdge Ratings has emerged as the leading agency for covering many rating segments including manufacturing, infrastructure, financial sector including banks, non-financial services, among others. The company has an established track record of rating companies over almost three decades and has had a pivotal role to play in developing bank debt and capital market instruments including CPs, corporate bonds and debentures, and structured credit. CareEdge is recognized for being a knowledge-based group and provides near real-time research on all domestic and global economic developments. Special studies and surveys are also undertaken on different subjects. The Industry Research team tracks and publishes sector reports on an on-going basis. CareEdge Ratings’ (CARE Ratings Ltd.) wholly-owned subsidiaries include CARE Advisory, Research & Training Ltd. and CARE Risk Solutions Pvt Ltd.In the global arena CARE Ratings Ltd. is a partner in ARC Ratings, an international credit rating agency. The company also has subsidiaries in Mauritius ‘CareEdge Ratings (Africa) Private Limited (CRAF)’ and in Nepal ‘CareEdge Ratings Nepal’. The company has a strategic alliance with Japan Credit Ratings Agency (JCR) and MoU with Russian rating agency ACRA.
Care Ratings Buyback 2022 Dates
| Buyback Meeting Date: | July 20, 2022 |
| Buyback Announcement Date: | July 20, 2022 |
| Buyback Record Date: | [.] |
| Buyback Open Date: | [.] |
| Buyback Close Date: | [.] |
| Finalization of Buyback Acceptance: | [.] |
Care Ratings Buyback 2022 Offer Details
Care Ratings buyback of [.] equity shares at a price of ₹[.] per equity share. The buyback offers not to exceed ₹[.] crores of the total buyback offer size.
| Offer Amount: | ₹[.] Crores |
| Number of Shares: | [.] Equity Shares |
| Face Value: | ₹10 per equity share |
| Buyback Price: | ₹[.] per equity share |
| Listing: | BSE & NSE |
| Buyback Type: | [.] |
| Letter of Offer: | Click Here |
Care Ratings Buyback 2022 Acceptance Ratio
The investor should buy around [.] shares at a current market price of ₹[.] (as of [.]). The calculation will be ₹2,00,000 / ₹[.] buyback price = [.] shares.
| Acceptance Ratio | Investment | Shares Buyback | Profit |
| 33% | ₹[.] | [.] | ₹[.] |
| 50% | ₹[.] | [.] | ₹[.] |
| 75% | ₹[.] | [.] | ₹[.] |
| 100% | ₹[.] | [.] | ₹[.] |
Care Ratings Financial Report
| ₹ in Crores | |||||
| Year | Revenue | Expense | PAT | ||
| 2020 | ₹250 | ₹143 | ₹80.50 | ||
| 2021 | ₹251 | ₹131 | ₹85.83 | ||
| 2022 | ₹247 | ₹133 | ₹84.47 | ||
How to Participate in Care Ratings Buyback 2022
The investors are eligible for the buyback scheme who have Care Ratings shares in their Demat account as the [.]. Eligible Share Holders can participate in the Care Ratings 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 Care Ratings buyback scheme.
Care Ratings Buyback 2022 Registrar
Care Ratings Buyback 2022 Lead Managers
Care Ratings Company Address
To be updated soon
How to Apply the Care Ratings Buyback through Zerodha?
Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on Corporate Actions. You will see the Company Name “Care Ratings”. Click on Place Order. Enter your Quantity and submit Care Ratings Buyback Application Form.
How to Apply the Care Ratings Buyback through Upstox?
Log in to Upstox Application with your credentials. Select the Account Section. You will see the Company Name “Care Ratings”. Click on Care Ratings Stock for Buyback. Enter your Quantity and submit Care Ratings Buyback Application Form.
How to Apply the Care Ratings Buyback through Paytm Money?
Log in to Paytm Money Application with your credentials. Select the Care Ratings. Enter your Quantity and submit Care Ratings Buyback Application Form.
Care Ratings Buyback 2022 FAQs
When is Care Ratings Buyback 2022 Record Date?
Care Ratings buyback 2022 record date is [.].
When is Care Ratings Buyback 2022 Open Date?
Care Ratings buyback 2022 open date is [.].
What is Care Ratings Buyback 2022 Price?
The company has fixed the price at ₹[.] per share.
How to apply for Care Ratings Buyback 2022?
As per the record date you need to have Care Ratings shares in your Demat account. You can participate in buyback after having the stock in your account.
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