SMC Global Buyback 2022 Date, Record Date, Price & Acceptance Ratio news
Takeover SMC Global 2022 is to open on May 20, 2022. Acquisition of SMC Global record date is open market redemption. The investor must purchase SMC Global shares on or before the record date to be eligible for redemption. Check out the details of SMC Global Buyback 2022 below:
SMC Global Redemption Dates 2022
|Date of buyout meeting:||
May 09, 2022
|Takeover announcement date:||May 09, 2022|
|Redemption registration date:||Open market|
|Redemption start date:||May 20, 2022|
|Redemption closing date:||
November 19, 2022
|Finalization of acceptance of redemption:||
SMC Global Buyback 2022 Offer Details
Acquisition by SMC Global of [.] equity shares at a price of ₹115 per share. Takeover offers not to be exceeded ₹75,000,000 the total size of the tender offer.
|Number of shares:||
[.] Equity shares
₹2 per share
|Redemption price:||₹115 per share|
|SEO:||BSE and ESN|
|Redemption Type::||Open market offer|
|Letter of buyout offer:||Click here|
About the company – SMC Global
SMC Global Securities Limited was incorporated in 1994. It offers financial services in India such as advanced brokerage services in equities, derivatives, currencies and commodity asset classes, financial analysis, mortgage advisory, investment banking and future cash and equity executions. They are present in India as well as in Dubai. They have worked in over 500 cities with 2500 registered sub-brokers and authorized personalities across India and UAE.
SMC Global Buyback 2022 Acceptance Rate
The investor is expected to purchase approximately 1739 shares at the current market price of ₹81.20 (as of May 11, 2022). The calculation will be Rs.2,00,000 / 115 redemption price = 1739 shares.
|Acceptance rate||Investment||Redemption of shares||Profit
SMC Global Financial Report
|₹ in Crores|
SMC Global Buyback 2022 Eligible Shareholders
Investors are eligible for the buyback program who have SMC Global shares in their Demat account as the record date is the open market offer. Investors can participate in the SMC Global Buyback 2022 program according to the opening form by selling their shares. Payment will be made in accordance with shares accepted by the company under the SMC Global buyback program.
SMC Global Buyback 2022 Registrar
Link Intimate India Private Ltd
C 101, 247 Park, LBSMarg,
Vikhroli (West), Mumbai – 400083
Phone: +91-22-4918 6270
E-mail: [email protected]
SMC Global Buyback 2022 Leaders
- Companies Professionals Capital Private Ltd
SMC Global Company Address
SMC Global Securities Ltd
11/6B, Shanti Chamber Pusa Road,
New Delhi – 110005
E-mail: [email protected]
2022 SMC Global Redemption FAQs
When is the registration date of SMC Global Buyback 2022?
The record date for the acquisition of SMC Global in 2022 is Open market offer.
When is SMC Global Buyback 2022 open date?
The opening date for the SMC Global 2022 buyout is May 20, 2022.
What is the SMC Global Buyback 2022 price?
The company set the price at ₹115 per share.
How to apply for SMC Global Buyback 2022?
According to the record date, you must have SMC Global shares in your Demat account. You can participate in redemption after you have the stock in your account.