Notice No.   20221104-2   Notice Date   04 Nov 2022
Category   Company related   Segment   Equity
Subject   Buyback of equity shares of Kaveri Seed Company Limited (Scrip code: 532899)

Trading Members are hereby informed that Kaveri Seed Company Limited (Scrip code: 532899) has announced buyback of its fully paid-up equity shares of face value of Rs. 2/- each from the Open Market through electronic trading mechanism of the Exchange. The Maximum Buyback Price would not exceed Rs. 700/- (Rupees Seven Hundred only) per equity share payable in cash for an aggregate amount not exceeding Rs. 125,65,00,000/-.


1.       Proposed timetable for buyback:


Date of Opening of the Buyback 

Monday, November 07, 2022

Last Date for the Buyback

Earlier of:


(a)    May 06, 2023 (that is 6 months from the date of the opening of the Buyback); or

(b)    when the Company completes the Buy-Back by deploying the amount equivalent to the Maximum Buy-Back Size; or

(c)     at such earlier date as may be determined by the Board (including a committee thereof, constituted by the Board or persons nominated by the Board / committee to exercise its powers, and / or the powers conferred by the Board resolution in relation to the Buyback), after giving notice of such earlier closure, subject to the Company having deployed an amount equivalent to the Minimum Buyback Size (even if the Maximum Buyback Size has not been reached or the Maximum Buyback Shares have not been bought back), however, that all payment obligations relating to the Buyback shall be completed before the last date for the Buyback.


2.       Broker Members for buyback:


The company has appointed the following BSE Trading Members through whom the purchases and settlement on account of the buyback would be made:


R.L.P. Securities Private Limited

Address: Nirmal Tower, 402 -500082

Dwarakapuri, Punjagutta, Hyderabad, Telangana 500082.

Tel No.: +91 4023352485


Contact person: Mr. Ch. Varaparasad

Clearing No: 3024



3.       Details of Shares held in DEMAT Form.


The Trading Members may note that the Equity Shares held in DEMAT form can be offered for Buyback to the Company in rolling settlement, as per details mentioned below:


Scrip Code


Market Lot

1 Share

Scrip ID



4.       Circuit Filters, Margins, Capital Adequacy Norms, Auction, Close out, Arbitration, etc. are applicable in case of buyback as in the case of the normal trading.


5.       Institutional Investors are allowed to participate in the buyback.


6.       Please note that, settlement will be with normal equity cash segment trades and market type for delivery will be “Normal” equity cash segment


7.       The documents are available in Department of Corporate Services for inspection. In case of any queries /clarifications on the scheme of buyback, Trading Members may please contact the under mentioned persons:


  • Merchant Banker to the Buyback:

Bajaj Capital Limited

Mezzanine Floor, Bajaj House, 97, Nehru Place, New Delhi-110019

Tel: 011-67000000


Contact Person: P. Balraj

SEBI Registration No.: INM000010544



  • At the Company:

K.V. Chalapathi Reddy

CFO cum Compliance Officer

513-B, 5th Floor, Minerva Complex,

S.D. Road, Secunderabad-500003, Telangana

Tel. No: +91 40-27721457

Fax No.: 040-27811237



  • Registrar and Transfer Agent:

Bigshare Services Private Limited

Address: S6-2, 6th Floor, Pinnacle Business Park

Next to Ahura Centre, Mahakali Caves Road

Andheri (East) Mumbai – 400093, Maharashtra, India

Tel: +91 22 6263 8200



Investor Grievance E-mail:  

Contact person: Mr. Jibu John

SEBI Registration No.: INR000001385



·         At the Exchange:

Clearing & Settlement Department -

Mr. Nilesh Shah/Ajay Darji - Extn: 022-22728468/5163/5628/8223/5784

                Email Id:


Trading Department -

Trading Operations - Extn: 022-2272- 8376 (For Trading Related)


Help desk - Extn: 61363100 (Hunting) (For BOLT System)


Listing Operations Department –

Mr. Raghavendra Bhat - Extn: 022-2272-8915 (For General Queries)




Rupal Khandelwal

Assistant General Manager

November 04, 2022