National Aluminium Company Limited Buy-Back Details

National Aluminium Company Limited (NALCO) is a Navratna CPSE under Ministry of Mines. It was established on 7th January, 1981 in the Public Sector, with its registered office at Bhubaneswar. The Company is a group ‘A’ CPSE, having integrated and diversified operations in mining, metal and power with sales turnover of Rs 9,376 crore in financial year 2017-18. Presently, Government of India holds 56.59% equity of NALCO.

NALCO is one of the largest integrated Bauxite-Alumina-Aluminium- Power Complex in the Country. The Company has a 68.25 lakh TPA Bauxite Mine & 21.00 lakh TPA (normative capacity) Alumina Refinery located at Damanjodi in Koraput district of Odisha, and 4.60 lakh TPA Aluminium Smelter & 1200MW Captive Power Plant located at Angul, Odisha. NALCO has bulk shipment facilities at Vizag port for export of Alumina/Aluminium and import of caustic soda and also utilizes the facilities at Kolkata and Paradeep Ports. The Company has registered sales offices in Delhi, Kolkata, Mumbai, Chennai and Bangalore and 9 operating stockyards at various locations in the Country to facilitate domestic marketing.
National Aluminium Company Limited Buyback Details
Date of Board Meeting for Buyback Proposal 12-10-2018
Date of Buyback Approval 12-10-2018
Date Public Announcement of Buyback 13-10-2018
Buyback Type Tender Offer
Buyback Record Date 26-10-2018
Buyback Opening Date 13-11-2018
Buyback Closing Date 28-11-2018
Buyback Amount ₹ 504.84 Cr
Buyback Number of Share 6,73,11,386
Buyback Price ₹ 75 Per Share
Face Value ₹ 5
Holding Time 3 Months
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Profit acceptance Ratio
Buy 2666 Shares at CMP ₹ 66 [2,00,000/75= 2666]
Acceptance Ratio 33% 50% 75% 100%
Buy Price ₹ 66 ₹ 66 ₹ 66 ₹ 66
Amount Invested in Buy-Back ₹ 1,75,956 ₹ 1,75,956 ₹ 1,75,956 ₹ 1,75,956
No. of Shares buyback 879 1333 1999 2666
BuyBack Profit ₹ 7,911 ₹ 11,997 ₹ 17,991 ₹ 23,994
Profit(%) - % - % - % - %
National Aluminium Company Limited Contact Details
National Aluminium Company Limited
Nalco Bhawan. Nayapalli,
Bhubaneswar 751013,
India,
Phone No. 0674-2301988-999
E-mail:company_secretary@nalcoindia.co.in,
Website: www.nalcoindia.com
Registrar of National Aluminium Company Limited
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