Notice No.   20230412-2   Notice Date   12 Apr 2023
Category   Company related   Segment   Equity
Subject   Buyback of the shares of Emami Limited
Attachments   PA_Emami.pdf ;


1.       Trading Members are hereby informed that Emami Limited has announced buyback of its fully paid-up equity shares of face value of Re. 1/- each from the Open Market through electronic trading mechanism of the Exchange. The Maximum Buyback Price would not exceed Rs. 450/- (Rupees Four Hundred and fifty only) per equity share payable in cash for an aggregate amount not exceeding INR 18,600 lakhs.


2.       Proposed timetable for buyback:


Date of Opening of the Buyback

Thursday, April 13, 2023

Last Date for the Buyback

Earlier of:

a)      sixty-six Working Days i.e. July 19, 2023 from the date of the opening of the Buyback; or


b)      when the Company completes the Buyback by deploying the amount equivalent to the Maximum Buyback 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.


3.       Broker Members for buyback:


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


Name of the Member   

Clearing No

IIFL Securities Limited



4.       Details of Buyback Order


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:



Equity Segment (Normal Market)

Scrip Code No


Market Lot

 1 Share

Scrip ID



“T” Group

Face Value (Re.)



5.       For further information and clarity on a separate window for Open Market Buyback through Stock Exchange, Trading Members and Market Intermediaries are requested to refer circular no 20230328-24 March 28, 2023 Issued by BSE.


6.       In case of any queries /clarifications on the scheme of buyback, Trading Members may please contact the under mentioned persons:


  • Investor Service Centre:

Maheshwari Datamatics Pvt Limited

23, R.N. Mukherjee Road, 5th Floor,

Kolkata - 700 001, West Bengal

Tel No.: +91 33 – 22482                 248/22435029/+91 7044243107

Fax No.: +91 33 - 22484787

Contact Person: Mr. Ravi Kumar Bahl



SEBI Registration No.: INR 000000353

Validity Period: Permanent (Unless suspended or cancelled by SEBI)

CIN: U20221WB1982PTC034886


  • Merchant Banker to the Buyback:

IIFL Securities Limited

10th Floor, IIFL Centre, Kamala Mills,

Senapati Bapat Marg, Lower Parel (West),

Mumbai – 400 013.

Tel.: +91 22 4646 4600

Fax: +91 22 2493 1073

Contact Person: Nishita Mody / Yogesh Malpani




  • At the Company:

Emami Limited

Contact Person: Mr. A.K. Joshi (Company Secretary & Compliance Officer & VP- Legal)

687, Emami Tower, Anandapur E M Bypass,

Kolkata - 700107, West Bengal

Tel No.: +91- 33-66136264

Fax No.: +91- 33-66136600



·         At the Exchange:



Name of the Department

Contact No.

Email Id

Buyback Process & Regulations

IPO Team


Trading Operations

Trading Ops/ Member Help Desk




Settlement Team

22725682 / 8223 / 5163 / 5822




Rupal Khandelwal

Assistant General Manager

Wednesday, April 12, 2023