1.The Board of Directors of K. P. R. Mill Limited on February 22, 2018 passed a resolution to buyback Equity Shares of the Company not exceeding 13,35,000 (Thirteen Lakh Thirty Five Thousand) fully paid-up Equity Shares of face value 5 each from all the existing shareholders / beneficial owners of Equity Shares of the Company as on Record Date, on a proportionate basis, through the “Tender Offer” process, at a price of 810 (Rupees Eight Hundred Ten only) per Equity Share payable in cash, for an aggregate consideration not exceeding of 108,13,50,000/- (Rupees One Hundred Eight Crore Thirteen Lakhs and Fifty Thousand only). 2.The Buyback Offer Size represents 9.81% of the aggregate of the fully paid-up equity share capital and free reserves as per the audited standalone financial statements of the Company for the financial year ended March 31, 2017, (the last audited financial statements available as on the date of the Board Meeting approving the Buyback) and is within the statutory limits of 10% of the aggregate of the fully paid-up equity share capital and free reserves as per audited standalone financial statements of the Company under the Board of Directors approval route as per the provisions of the Companies Act, 2013. The maximum number of Equity Shares proposed to be bought back represents 1.81% of the total number of Equity Shares in the issued, subscribed and paid-up equity share capital of the Company

The funds for the Buyback will be met out of internally generated cash resources of the Company. The Company does not intend to raise additional debt for the explicit purposes of the Buyback. Accordingly, 20 borrowed funds will not be used for the Buyback. However, if required, the Company may borrow funds in the ordinary course of its business

Particulars	Pre Buyback		Post Buyback
	Equity Shares	%	Equity Shares	%
(i) Promoters/Group	5,53,46,541	74.91%	544,85,731	75.09%
(ii) Foreign Investors	23,62,771	3.20%	1,80,75,053	24.91%
(iii) Financial Institutions/ Banks/ Mutual Funds	97,13,354	13.14%
(iv) Others	64,73,118	8.76%
Total	7,38,95,784	100%	7,25,60,784	100%

 

1. Firstly to be eligible for the buyback the investor should have shares of K.P.R Mills in demat or physical form as on record date 07 March 2018. 2. Once you have shares in demat, you can participate in the buyback process which is opening from 16 March 18 to 02 April 2018 by selling your shares through your broker on NSE or BSE. 3. Then on 09 April 2018, the payment will be given to you for accepted shares and unaccepted shares will be returned to your demat account.

 

KPR Mill Ltd Buyback offer calculation for an investment of Rs 2,00,000 @720
% Share Accepted	No of Shared Accepted	Gain from Buyback Offer
33%	92	Rs 8280
50%	139	Rs 12510
75%	208	Rs 18720
100%	278	Rs 25020

(a) Categories in Buyback: (i) Reserved category- For Small Shareholders who holds Shares worth upto Rs. 2 Lacs before the Record date. (ii) General category - For all Shareholders other than Small Shareholders.  (b) Ratio of Buyback:

Category	Entitlement Ratio of Buyback Per Equity Shares	Entitlement Ratio of Buyback in %
Reserved Category	12 Equity Shares out of every 95 Equity Shares	12.63%
General Category	1 Equity Shares out of every 62 Equity Shares	1.61%

 

Rating: 4/10 Fair: 1-5 Good: 5-7 Excellent: 7-10

Karvy Computershare Private Limited Karvy Selenium Tow-B, Pl-31&32 Gachibowli, Nanakramguda, Hyderabad-500032

KPR Mill Limited No 9 Gokul Buildings 1st Floor, AKS Nagar Thadagam Road, Tamil Nadu-641001