The board of directors of Dhanuka Agritech has approved a share buyback proposal involving up to 5 lakh equity shares.
Under the approved plan, the company will repurchase shares at a price of Rs 1,400 per share. The total size of the buyback has been capped at Rs 70 crore.
The buyback will be carried out through the tender offer route, allowing eligible shareholders to tender their shares on a proportionate basis in accordance with applicable regulations.
