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Closed Ideas

Dhanuka Agritech Limited – INDIA – Buyback

Dhanuka Agritech Limited – Tender Offer Stock quotes may be delayed unless otherwise stated SUMMARY POTENTIAL BUYBACK ANNOUNCEMENT On October 31, 2016, Dhanuka Agritech Limited (BSE:507717) announced that it intends to initiate an equity buyback on November 10, 2016. The Company’s Board of Directors will consider a share repurchase program under which, the company will buyback its own shares. Share Price = INR 701.70 At the time of potential buyback announcement, the terms of buyback…

Allcargo Logistics Limited – INDIA – Buyback

Allcargo Logistics Limited – Tender Offer Stock quotes may be delayed unless otherwise stated SUMMARY POTENTIAL BUYBACK ANNOUNCEMENT On October 29, 2016, Allcargo Logistics Limited (BSE:532749) announced that it intends to initiate an equity buyback on November 7, 2016. The Company’s Board of Directors will consider a share repurchase program under which, the company will buyback its own shares. Share Price = INR 181.50 At the time of potential buyback announcement, the terms of…

Sasken Technologies Limited – INDIA – Buyback

Sasken Technologies Limited – Tender Offer Stock quotes may be delayed unless otherwise stated SUMMARY POTENTIAL BUYBACK ANNOUNCEMENT On October 24, 2016, Sasken Technologies Limited (BSE:532663) announced that it intends to initiate an equity buyback on October 27, 2016. The Company’s Board of Directors will consider a share repurchase program under which, the company will buyback its own shares. Share Price = INR 405.05 At the time of potential buyback announcement, the terms of…

Vardhman Acrylics Limited – INDIA – Buyback

Vardhman Acrylics Limited – Tender Offer Stock quotes may be delayed unless otherwise stated SUMMARY POTENTIAL BUYBACK ANNOUNCEMENT N/A TENDER OFFER ANNOUNCEMENT On October 22, 2016, Vardhman Acrylics Limited (NSEI:VARDHACRLC) announced a tender offer to buyback 13.80 million shares at a buyback price of INR 50.00 per share. This represents a spread of 0.9% over the market price of INR 49.55 per share, as of the announcement date. The proposed buyback shares represents 14.84% of the total…

Lakshmi Machine Works Limited – INDIA – Buyback

Lakshmi Machine Works Limited – Tender Offer Stock quotes may be delayed unless otherwise stated SUMMARY POTENTIAL BUYBACK ANNOUNCEMENT On October 21, 2016, Lakshmi Machine Works Limited (BSE:500252) announced that it intends to initiate an equity buyback on October 26, 2016. The Company’s Board of Directors will consider a share repurchase program under which, the company will buyback its own shares. Share Price = INR 4343.50 At the time of potential buyback announcement, the terms…

Hexaware Technologies Limited – INDIA – Buyback

Hexaware Technologies Limited – Tender Offer Stock quotes may be delayed unless otherwise stated SUMMARY POTENTIAL BUYBACK ANNOUNCEMENT On October 20, 2016, Hexaware Technologies Limited (NSEI:HEXAWARE) announced that it intends to initiate an equity buyback on October 25, 2016. The Company’s Board of Directors will consider a share repurchase program under which, the company will buyback its own shares. Share Price = INR 191.70 At the time of potential buyback announcement, the…

Aarti Drugs Limited – INDIA – Buyback

Aarti Drugs Limited – Tender Offer Stock quotes may be delayed unless otherwise stated SUMMARY POTENTIAL BUYBACK ANNOUNCEMENT On October 10, 2016, Aarti Drugs Limited (BSE:524348) announced that it intends to initiate an equity buyback on October 17, 2016. The Company’s Board of Directors will consider a share repurchase program under which, the company will buyback its own shares. Share Price = INR 647.10 At the time of potential buyback announcement, the terms of buyback i.e. mode…

Aarti Industries Limited – INDIA – Buyback

Aarti Industries Limited – Tender Offer Stock quotes may be delayed unless otherwise stated SUMMARY POTENTIAL BUYBACK ANNOUNCEMENT On October 10, 2016, Aarti Industries Limited (BSE:524208) announced that it intends to initiate an equity buyback on October 17, 2016. The Company’s Board of Directors will consider a share repurchase program under which, the company will buyback its own shares. Share Price = INR 692.65 At the time of potential buyback announcement, the terms of buyback…