Quick Heal Technologies Ltd. (Formerly Known as Quick Heal Technologies Pvt. Ltd.) is one of the leading IT security solutions company. Each Quick Heal product is designed to simplify IT security management across the length and depth of devices and on multiple platforms. They are customized to suit consumers, small businesses, Government establishments, and corporate houses.
Over a span of over 20 years, the company’s R&D has focused on computer and network security solutions. The current portfolio of cloud-based security and advanced machine learning enabled solutions to stop threats, attacks, and malicious traffic before it strikes. This considerably reduces system resource usage. The security solutions are indigenously developed in India. Quick Heal Antivirus Solutions, Quick Heal Scan Engine and the entire range of Quick Heal products are proprietary items of Quick Heal Technologies Ltd. (Formerly Known as Quick Heal Technologies Pvt. Ltd.)
Buy Back Offer Deal:
Buyback Type: |
Tender Offer |
Buyback Offer Amount: |
₹ 155 Cr |
Date of Board Meeting approving the proposal: |
Mar 10 2021 |
Date of Public Announcement: |
Mar 10 2021 |
Buyback Offer Size: |
24.9% |
Buyback Number of Shares: |
63,26,530 |
Price Type: |
Tender Offer |
FV: |
10 |
Buyback Price: |
₹ 245 Per Equity Share |
Postal ballot result will be declared on 19/4 and record date will be announced post shareholders approval which is expected you be able in 1st week of May 2021
Is This is Right time to buy Quickheal @ 185???
It will come down to around 160 after buyback
If market cracks it will be even lower
Ar won’t be good
So don’t buy until it comes to around 170
Umesh sir what is your expected AR???
Umesh ji, Aarti Drugs is proposing share buyback , meeting is on 19th March.
Won’t be trapped this time
No sense in buying now
It has already shot up by 30% in last week
After buyback it will be back to 160 levels
Last time the AR was 30%.