Share the post "SHARDA MOTOR INDUSTRIES Launches Buyback – Tender Offer, Debuting 11-06-2024!"
Sharda Motor Industries Ltd is a leading player in the Auto Components & Equipments industry, categorized under the Consumer Discretionary sector, offering Equity instruments. the company is entered into the public market through its Buyback – Tender Offer, set to launch from 11 Jun 2024 to 18 Jun 2024. Investors have the opportunity to acquire shares priced at 1800.00 each, with a face value of Rs2.00 per share, the market lot for this company is 1.
| Security Name | SHARDA MOTOR INDUSTRIES LTD |
|---|---|
| Start Date | 11-06-2024 |
| End Date | 18-06-2024 |
| Offer Price () | 1800.00 |
| Face Value | 2.00 |
| Type Of Issue | Buyback – Tender Offer |
| Issue Status | Forthcoming |
| Scripname | SHARDA MOTOR INDUSTRIES LTD |
| Security Type | Equity |
| Symbol | SHARDAMOTR |
| Issue Type | Buyback – Tender Offer |
| Issue Period | 11 Jun 2024 to 18 Jun 2024 |
| Tick Price | 0.01 |
| Market Lot | 1 |
| Book Size – No. Of Shares | 10,27,777 |
| Minimum Offer Quantity | 1 |
| Maximum Offer Quantity | 10,27,777 |
| Floor Price/Offer Price | 1,800.00 |
| Cummulative Bid Quantity | – |
| Name Of Acquirer(s)/Company | Sharda Motor Industries Ltd |
| Buyer Member | Ambit Capital Private Limited |
| Book Running Lead Manager | Ambit Private Limited |
| Registrar | LINK INTIME INDIA PRIVATE LIMITED |
| Exchange Notices | 1) Opening of Offer to Buy – Acquisition Window (Buyback) for SHARDA MOTOR INDUSTRIES LIMITED |
