Dhanuka Agritech Limited has successfully completed the buyback of 5,00,000 fully paid-up equity shares at a price of ₹1,400 per share, utilizing an aggregate amount of ₹70.00 crore. The offer, which represented 1.11% of the paid-up equity share capital, was undertaken via the tender offer route and closed on June 10, 2026. The company has published the Post Buyback Offer Public Advertisement on June 19, 2026, in accordance with Regulation 24(vi) of the Securities and Exchange Board of India (Buyback of Securities) Regulations, 2018.

The buyback received a strong response from shareholders, with the registrar considering 23,780 valid bids for 31,93,585 equity shares, resulting in an overall subscription of 6.39 times the offer size. The settlement for valid bids was completed by NSE Clearing Limited on June 17, 2026.

Buyback Breakdown

The offer was divided into a reserved category for small shareholders and a general category for other eligible shareholders. The table below details the response to the buyback offer:

Triveni Trust was the largest participant in the buyback, with 2,50,192 shares accepted, representing 50.04% of the total equity shares bought back. Other major acceptances included Pushpa Dhanuka Trust and DSP Mutual Fund.

Capital Structure Changes

Following the completion of the buyback, the company's issued, subscribed, and paid-up capital has decreased to 4,45,78,324 equity shares of ₹2 each, amounting to ₹8.92 crore. The extinguishment of the 5,00,000 equity shares accepted under the buyback is currently under process and is scheduled to be completed by June 29, 2026.

The promoters' holding has increased marginally to 69.81% post-buyback from 69.71% previously, while public holding has adjusted to 30.19%. Sundae Capital Advisors Private Limited acted as the manager to the buyback.

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.