Announced Thu, 25 Jun · 18:27 IST
Dhanuka Agritech completes buyback, extinguishes 5 lakh shares
Corporate Actions View source PDF
DHANUKA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.7%1-day move
₹1063.00
prior close
₹1062.60
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.1-1.5-1.3-1.2-0.7+0.1+2.7+3.0+2.4-2.3-4.3———
Up moveDown movePending
AI summary
Dhanuka Agritech has extinguished 5,00,000 equity shares (face value Rs. 2) bought back under its recent buyback offer. Post-buyback share capital stands at 4,45,78,324 shares (Rs. 8.92 crore), down from 4,50,78,324 shares. Promoter holding rose slightly from 69.71 percent to 69.81 percent. Mutual fund holdings jumped notably from 16.18 percent to 30.19 percent, indicating strong institutional interest in the buyback.
Likely market impact
Reduces share count, can boost earnings per share. Big jump in MF holdings signals strong institutional confidence in the company.