Atul Buyback 2021
Atul is an improvement driven, integrated chemical company serving about 4,000 customers belonging to 30 industries across the world. The Company has established subsidiary companies in the USA (1994), the UK (1996), China (2004), Brazil (2012) and the UAE (2015) to serve its customers and thus enhance breadth and depth of its business.
With depth in science and technology, Atul manages almost all unit processes and unit operations to manufacture about 1,350 products and formulations and has state-of-the-art facilities and processes to ensure safety and treatment of gaseous, liquid and solid pollutants. The Company is ISO 14001 certified.
Atul is in the business of Life Science Chemicals and Performance and Other Chemicals and caters to the needs of varied industries across the world such as Adhesives, Agriculture, Animal Feed, Automobile, Composites, Construction, Cosmetic, Defence, Dyestuff, Electrical and Electronics, Flavour, Food, Footwear, Fragrance, Glass, Home Care, Horticulture, Hospitality, Paint and Coatings, Paper, Personal Care, Pharmaceutical, Plastic, Polymer, Rubber, Soap and Detergent, Sport and Leisure, Textile, Tyre and Wind Energy.
Buy Back Offer Deal:
|Buyback Type:||Open Offer|
|Buyback Offer Amount:||₹ 50 Cr|
|Date of Board Meeting approving the proposal:||Jan 29 2021|
|Date of Public Announcement:||Jan 29 2021|
|Buyback Offer Size:||1.84%|
|Price Type:||Open Offer|
|Buyback Price:||₹ 7250 Per Equity Share|
Details of Buyback:
Salient financial parameters:
|Profit before tax||326||404||446||412||680||845|
|EPS in Rs||81.13||92.44||108.88||93.21||145.72||224.69|
|Dividend Payout %||10%||9%||9%||13%||10%||12%|