Notice No.   20201019-4   Notice Date   19 Oct 2020
Category   Trading   Segment   Equity
Subject   Opening of Offer to Buy – Acquisition Window (Buyback) Dhanuka Agritech Limited
Attachments   Corrigendum cum Dispatach confirmation advertisement- Dhanuka Agritech Limited.pdf ; Letter of Offer.pdf ;

 Trading Members and Custodians are requested to note that Securities Exchange Board of India (SEBI) has issued Mechanism for acquisition of shares through Stock Exchange pursuant to Tender-Offers under Takeover, Buy Back and De-listing vide its circular no. CIR/CFD/POLICYCELL/1/2015 dated April 13, 2015 and no. CFD/DCR2/CIR/P/2016/131 dated Dec 09, 2016. The Exchange vide its notice no. 20170210-16 dated Feb 10, 2017,20190424-35 dated April 24, 2019 and 20200528-32 dated 28 May 2020has issued Revised Guidelines of Mechanism for acquisition of shares through Stock Exchange pursuant to Tender-Offers under Takeovers, Buy Back and Delisting.

All Market Participants are hereby informed that Dhanuka Agritech Limited (“the Company”) has announced Cash Offer for buy back of not exceeding 10,00,000 (Ten Lakhs) fully paid-up equity shares of face value of Rs. 2/- (Rupees Two Only) each (“Equity Shares” Or “Shares”), constitutes 2.10% of issued, subscribed and paid-up equity share capital of the Company, at a price of Rs. 1,000/- (Rupees One Thousand Only) per equity share (“Buy Back Price”) payable in cash for an aggregate amount not exceeding Rs. 100 crores (Rupees One Hundred Crores Only), excluding the transaction costs (“buy back size”), which represents 14.27% of each of the Company’s total paid-up equity share capital and free reserves as per the latest audited standalone and consolidated financial statements as on March 31, 2020, through the “Tender Offer” route, on a proportionate basis to the shareholders as on Record Date i.e. September 28, 2020 (“Record Date”) (“Eligible Shareholders”) of the Company  (“Buy Back Offer” Or “Offer” Or “Buy Back”), from October 20, 2020 to November 03, 2020.

Market participants are further requested to note that this offer will be as per the Revised Guidelines of SEBI circular no. CFD/DCR2/CIR/P/2016/131 dated Dec 09, 2016 and Exchange notice no. 20170210-16 dated Feb 10, 2017 and 20190424-35 dated April 24, 2019 along with the details of this Offer to Buy would be available on BSE Website –



Atul Dhotre

Senior Manager

Listing Sales & Ops

October 19, 2020