Copy of Newspaper publication for Public Announcement of Buyback
DHANUKA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Dhanuka Agritech Limited has announced a buyback of up to 500,000 fully paid-up equity shares at ₹1,400 per share, totaling up to ₹70 crore. The buyback will be conducted through the tender offer route via the stock exchange mechanism under SEBI Buyback Regulations. The shares have a face value of ₹2 each. The public announcement was published on May 21, 2026, in Business Standard (English and Hindi editions). The buyback price represents a massive premium over the face value, indicating strong shareholder value return.
The buyback at ₹1,400 per share signals management confidence in the company's intrinsic value and provides immediate liquidity to shareholders who tender. It will reduce the number of outstanding shares, potentially improving per-share metrics.