Trading Members are hereby informed that Jenburkt Pharmaceuticals Limited (Scrip code: 524731) has announced buyback of its fully paid-up equity shares of face value of Rs. 10/- each from the Open Market through electronic trading mechanism of the Exchange. The Maximum Buyback Price would not exceed Rs. 702/- (Rupees seven hundred and two only) per equity share payable in cash for an aggregate amount not exceeding Rs. 11.60 crores
1. Proposed timetable for buyback:
Date of Opening of the Buyback
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Tuesday, December 13, 2022
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Last Date for the Buyback
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Earlier of:
(a) 6 months from the date of the opening of the Buy-back 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 / or its duly authorized Executive Committee, after giving notice of such earlier closure, subject to the Company having deployed an amount equivalent to the Minimum Buy-back Size (even if the Maximum Buy-back Size has not been reached or the Maximum Buy-back Shares have not been bought back), however, that all payment obligations relating to the shares bought back shall be completed before the last date for the Buy-back.
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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:
DAM Capital Advisors Limited
One BKC, Tower C, 15 Floor, Unit No. 1511,
Bandra Kurla Complex, Bandra (East),
Mumbai 400 051, Maharashtra, India
Tel.: +1 22 4202 2500;
Fax: +91 22-4202 2504
Contact Person: Mr. Rajesh Tekadiwala
Email: rajesh@damcapital.in
Clearing No: 0623
Client Code: BUYBACKJEN
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
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524731
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Market Lot
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1 Share
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Scrip ID
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JENBURPH*
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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:
DAM Capital Advisors Limited
One BKC, Tower C, 15 Floor, Unit No. 1511,
Bandra Kurla Complex, Bandra (East),
Mumbai 400 051, Maharashtra, India
Tel.: +1 22 4202 2500;
Fax: +91 22-4202 2504
Contact Person: Nidhi Gupta / Gunjan Jain
Email: jenburkt.buyback@damcapital.in
Website: www.damcapital.in
SEBI Registration No.: MB/INM000011336
· At the Company:
Name: Ashish R. Shah
Designation: Company Secretary & Compliance Officer
Address: Nirmala Apartments, 93, Jayprakash Road, Andheri West,
Mumbai-400 058
Tel: 022-67603603
Email id: ashishshah@jenburkt.com
· Registrar to the buyback and Investor service centre:
Bigshare Services Private Limited
Office No S6-2, 6th Floor, Pinnacle Business
Park, Next to Ahura Centre, Mahakali
Caves Road, Andheri (East) Mumbai – 400093
Tel. No.: 022 - 62638200
Contact Person: Mr. Swapnil Kate
Email: buybackoffer@bigshareonline.com
Website: www.bigshareonline.com
· At the Exchange:
Clearing & Settlement Department -
Mr. Nilesh Shah/Ajay Darji - Extn: 022-22728468/5163/5628/8223/5784
Email Id: bse.csd@bseindia.com
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: 022-2272-8915/8995 (For General Queries)
Rupal Khandelwal
Assistant General Manager
December 12, 2022 |