Atul Limited Buyback 2023
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.
Atul established successful joint venture companies with world-renowned multi-national companies namely American Cyanamid Company (now a part of BASF AG and Pfizer Inc) in 1947, Imperial Chemical Industries plc (now a part of Akzo Nobel and Astra Zeneca plc) in 1955 and Ciba-Geigy Ltd (now a part of BASF AG and Huntsman Corporation) in 1960.
Atul Limited is one of the largest integrated chemical companies of India, involved in the business of Aromatics, Supply of bulk Chemicals, Colors, Crop Protection, Pharmaceuticals etc.
Buy Back Offer Deal:
|Buyback Type:||Open Market|
|Buyback Offer Amount:||₹ 50 Cr.|
|Date of Board Meeting approving the proposal:||Nov 07 2023|
|Date of Public Announcement:||Nov 07 2023|
|Buyback Offer Size:||0.22%|
|Buyback Number of Shares:||66,666|
|Buyback Price:||₹ 7500 Per Equity Share|
Details of Buyback:
Salient financial parameters:
|Particulars (in Cr)||Mar 2019||Mar 2020||Mar 2021||Mar 2022||Mar 2023|
|Other Income +||38||83||109||82||86|
|Profit before tax||680||845||882||810||688|
|Net Profit +||436||671||660||605||507|
|EPS in Rs||145.72||224.69||221.64||204.23||174.19|
Dividend Payout %