Smartlink Holdings Limited Buyback 2019
Smartlink Holdings Ltd., earlier known as Smartlink Network Systems Ltd. , is one of India’s leading networking company. It was established in the year 1993 to prop the Indian market in the field of Network Infrastructure. Pioneer in the field of Active networking, Smartlink has a rich history of making many product brands reach the desired heights in the Indian and international markets. Smartlink now is an NBFC company, with its operations split into 3 wholly-owned subsidiaries to have a focused business approach. The Smartlink subsidiaries are:-
1. DIGISOL SYSTEMS LTD.: DIGISOL Systems Ltd is a brand product company which looks after the sales, marketing, service, and support of DIGISOL brand of active and passive (Structured cabling) products and solutions. The company is headquartered in Mumbai, India.
2. SYNEGRA EMS LTD.: Synergy is an EMS ODM company which is into manufacturing of Active networking range of products. The company has a huge, state of the art manufacturing set up in Goa, India.
3. TELESMART SCS LTD.: Telesmart is an EMS ODM company which looks into manufacturing of Passive (Structured Cabling) range of products in its technologically advanced manufacturing factory set up in Goa, India.
Buy Back Offer Deal:
|Buyback Type:||Tender Offer|
|Buyback Offer Amount:||₹ 54.60 Cr|
|Date of Board Meeting approving the proposal:||Jun 14 2019|
|Date of Public Announcement:||Jun 14 2019|
|Buyback Offer Size:||24.85%|
|Buyback Number of Shares:||4200000|
|Price Type:||Tender Offer|
|Buyback Price:||₹ 130 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||1,66,104||1,66,104||1,66,104||1,66,104|
|No. of Shares buyback||507||769||1076||1538|