Dhanuka Agritech Share Price Gains Over 7%; Approves Share Buyback at ₹1,400 Per Share

Dhanuka Agritech has announced a buyback of its equity shares, aiming to repurchase 5,00,000 shares at a price of ₹1,400 each.  

This move is set to involve a total expenditure of ₹70 crore, representing 1.11% of the company's total paid-up equity capital. 

Details of the Buyback Offer 

On May 19, 2026, the Board of Directors of Dhanuka Agritech approved a buyback of up to 5,00,000 fully paid-up equity shares, each with a face value of ₹2.  

The buyback price is set at ₹1,400 per share, amounting to an aggregate size of ₹70 crore.  

This buyback will be conducted through the "Tender Offer" route as per SEBI's Buyback Regulations, 2018. 

The buyback size does not include transaction costs such as brokerage, fees, turnover charges, applicable taxes, and other related expenses.  

The company has also noted the intention of its promoters and promoter group to participate in the buyback. 

Record Date and Shareholding Pattern 

The Board has fixed May 29, 2026, as the record date to determine the entitlement of shareholders eligible to participate in the buyback offer.  

The pre-buyback shareholding pattern was documented on May 15, 2026, with the post-buyback pattern to be determined after the record date. 

Regulatory Compliance and Financials 

The buyback offer is compliant with the Companies Act, 2013, and the SEBI Buyback Regulations.  

The offer size is less than 10% of the paid-up equity capital and free reserves as per the latest audited financial statements as of March 31, 2026. 

Final Dividend Announcement 

In addition to the buyback, Dhanuka Agritech has recommended a final dividend of 100%, equating to ₹2 per equity share for the financial year 2025-26.  

The record date for the dividend is set for July 17, 2026, with payment to be made within 30 days of the Annual General Meeting (AGM), scheduled for August 3, 2026. 

Dhanuka Agritech Share Price Performance 

As of May 19, 2026, at 1:39 PM, Dhanuka Agritech share price on NSE was trading at ₹1,163.20 up by 7.12% from the previous closing price. 

Conclusion 

Dhanuka Agritech's decision to buy back shares at ₹1,400 each reflects a strategic move to manage its equity structure. The buyback, along with the proposed dividend, underscores the company's commitment to delivering value to its shareholders. 

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