Dhanuka Agritech Limited has extinguished 5,00,000 fully paid-up equity shares accepted under its buyback offer, finalizing the capital reduction process. The shares, having a face value of ₹2 each, were extinguished on June 20, 2026, in compliance with Regulation 11 of the Securities and Exchange Board of India (Buyback of Securities) Regulations, 2018. Following this, the company's issued, subscribed, and paid-up equity share capital stands at 4,45,78,324 shares, amounting to ₹8.92 crore.

The buyback offer, which closed on June 10, 2026, was conducted via the tender offer route at ₹1,400 per share, aggregating to ₹70.00 crore. The extinguishment was confirmed by National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL), with Bigshare Services Private Limited and Abhipra Capital Ltd acting as registrars. Ranjeet Pandey & Associates, the Secretarial Auditors, certified the compliance of the extinguishment process.

Capital Structure Changes

The reconciliation of the share capital pre and post-extinguishment is detailed below:

Shareholding Pattern

The shareholding pattern has adjusted following the buyback. Promoters' holding increased marginally to 69.81% from 69.71%, while public holding decreased to 30.19% from 30.29%. The total number of shares bought back represented 1.11% of the pre-buyback paid-up equity share capital.

Dhanuka Agritech Limited has published a Public Notice regarding its buyback of up to 500,000 fully paid-up equity shares at a price of ₹1,400 per share, aggregating to ₹70 crore. The offer, which represents 1.11% of the paid-up equity share capital, is being conducted through the tender offer route using the stock exchange mechanism. The public notice was published on June 08, 2026, in Business Standard across all editions in both English and Hindi.

The Board of Directors approved the proposal in its meeting held on May 19, 2026. The record date for determining eligibility was May 29, 2026. The company completed the dispatch of the Letter of Offer along with Tender Forms and Share Transfer Form (SH-4 Form) to eligible shareholders via email on June 02, 2026. The offer opened on June 04, 2026, and will close on June 10, 2026, with the last date for settlement of bids on the Stock Exchange scheduled for June 17, 2026.

Buyback Details

The company has categorized the offer into a reserved category for small shareholders and a general category for all other eligible shareholders. The buyback price of ₹1,400 represents a premium of approximately 32.78% over the closing price on the NSE as of May 13, 2026.

Entitlement Ratio

Eligible shareholders can tender shares based on the following ratios:

• Reserved Category (Small Shareholders): 1 equity share for every 15 equity shares held on the record date.
• General Category: 5 equity shares for every 518 equity shares held on the record date.

Sundae Capital Advisors Private Limited has been appointed as the manager to the buyback, while Bigshare Services Private Limited will act as the registrar. The company has deposited ₹1.75 crore in an escrow account with HDFC Bank Limited and pledged securities to meet the escrow requirements.