Quick Heal Technologies Limited has announced the buyback of 6,363,636 equity shares from the shareholders at a price of Rs 275 per equity share. The record date for this buyback offer is 26th April 2019. Quick Heal Buyback 2019 offer starts on 20th May 2019 and it closes on 31st May 2019. The board meeting of the company was held on 5th March 2019. in which this buyback was approved by the board of directors. The last date for the extinguishment of equity shares is scheduled as 19th June 2019.
Quick Heal Technologies Limited was founded in the year 1995 Kailash Katkar and Sanjay Katkar. It is an IT security solutions provider company which is headquartered in Pune. This company develops security software for consumers, servers, cloud computing environments and small and medium enterprises and sells products directly to customers or through its partner channels. It is listed on BSE and NSE.
Quick Heal Buyback 2019 – Offer Details
| Offer Type | Buyback of Fully Paid-up Equity Shares |
|---|---|
| Record Date | 26th April 2019 |
| Buyback Starts | 20th May 2019 |
| Buyback Ends | 31st May 2019 |
| Number of Shares | 6,363,636 Equity Shares |
| Face Value | Rs 10/- |
| Buyback Price | Rs 275 Per Equity Share |
| Maximum Buyback Size | Rs 1,750 Million |
| last Date for the Extinguishment of Equity Shares | 19th June 2019 |
| Broker of the Company | Nomura Financial Advisory and Securities (India) Private Limited |
| Designated Stock Exchange | BSE |
| Letter of Offer | Click Here |
| Manager of the Buyback | Nomura Financial Advisory and Securities (India) Private Limited |
| Registrar of the Buyback | Link Intime India Private Limited. |
| Company’s Registered Office | Marvel Edge, Office No. 7010 C & D, 7th Floor, Opposite Neco Garden Society Pune, Maharashtra – 411014 |
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Tags: #Buyback #StockMarket #QuickHeal
