Dhanuka Agritech Limited manufactures a wide range of agro-chemicals like herbicides, insecticides, fungicides, miticides, plant growth regulators in various forms – liquid, dust, powder and granules. The Company has a pan-India presence through its marketing offices in all major states in India, with a network of more than 7,000 distributors/ dealers selling to over 75,000 retailers across India and reaching out to more than 10 million farmers. The Company has technical tie-ups with 4 American, 5 Japanese & 2 European Companies.
Dhanuka’s target customers are primarily farmers.
Growth drivers are the intensive marketing network penetrating even the interiors of India, increased farm income, enhanced awareness about the cost-benefit tradeoff of agro-chemicals, highly diverse product range with solution for almost all problems in all crops, innovative marketing strategies and international technical tie-ups. The Company keeps adding new products every year through its collaborations and is continuously on the lookout to bring the latest technology to Indian Farmers.
Growth drivers are the intensive marketing network penetrating even the interiors of India, increased farm income, enhanced awareness about the cost-benefit tradeoff of agro-chemicals, highly diverse product range with solution for almost all problems in all crops, innovative marketing strategies and international technical tie-ups. The Company keeps adding new products every year through its collaborations and is continuously on the lookout to bring the latest technology to Indian Farmers.
Dhanuka Agritech Limited Buy-Back Details
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| Date of Board Meeting for Buyback Proposal | 14-11-2018 |
| Date of Buyback Approval | 14-11-2018 |
| Date Public Announcement of Buyback | 14-11-2018 |
| Buyback Type | Tender Offer |
| Buyback Record Date | 02-01-2019 |
| Buyback Opening Date | 25-01-2019 |
| Buyback Closing Date | 07-02-2019 |
| Buyback Amount | ₹ 82.50 Cr |
| Buyback Number of Share | 15,00,000 |
| Buyback Price | ₹ 550 Per Share |
| Face Value | ₹ 2 |
| Holding Time | 3 Months |
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Profit acceptance Ratio
Buy 363 Shares at CMP ₹ 550 [2,00,000/550 = 363] |
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| Acceptance Ratio | 33% | 50% | 75% | 100% |
| Buy Price | ₹ 410 | ₹ 410 | ₹ 410 | ₹ 410 |
| Amount Invested in Buyback | ₹ 1,48,830 | ₹ 1,48,830 | ₹ 1,48,830 | ₹ 1,48,830 |
| No. of Shares Buy | 363 | 363 | 363 | 363 |
| Earning Per Share | ₹ 140 | ₹ 140 | ₹ 140 | ₹ 140 |
| No. of Shares Buy-Back | 120 | 182 | 272 | 363 |
| BuyBack Profit | ₹ 16770.6 | ₹ 25410 | ₹ 38115 | ₹ 50820 |
| Profit(%) | - % | - % | - % | - % |
Dhanuka Agritech Limited Contact Details
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Dhanuka Agritech Limited
14th Floor, Building 5A, DLF Cyber Terrace, Cyber City, DLF Phase III Gurgaon- 122002, Haryana, India. Phone: +91-124-3838500 Email: headoffice@dhanuka.com Website :- www.dhanuka.com |
Registrar of Dhanuka Agritech Limited
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