NIIT Technologies Limited Buyback 2019
NIIT Technologies is a leading global IT solutions organization, enabling its clients to transform at the intersect of unparalleled domain expertise and emerging technologies to achieve real-world business impact.
The Company focuses on three key verticals: Banking and financial services, Insurance, Travel, and Transportation. This domain strength is combined with leading-edge capabilities in Data & Analytics, Automation, Cloud, and Digital.
NIIT Technology has over 10,000 employees serving clients across the Americas, Europe, Asia, and Australia.
Buy Back Offer Deal:
|Buyback Type:||Tender Offer|
|Buyback Record Date:||Mar 12 2020|
|Buyback Opening Date:||May 29 2020|
|Buyback Closing Date:||Jun 11 2020|
|Buyback Offer Amount:||₹ 336 Crores|
|Date of Board Meeting approving the proposal:||Dec 23 2019|
|Date of Public Announcement:||Dec 23 2019|
|Buyback Offer Size:||3.0%|
|Buyback Number of Shares:||19,56,290|
|Price Type:||Tender Offer|
|Buyback Price:||₹ 1725 Per Equity Share|
Details of Buyback:
Salient financial parameters:
How to Participate in buyback?
Profit from the buyback on the bases of acceptance Ratio:
|Amount Invested in Buyback||1,82,841||1,82,241||1,82,241||1,82,241|
|No. of Shares buyback||38||58||87||115|