Techno Electric Engineering Company Ltd Buyback

All Market Participants are hereby informed that Techno Electric & Engineering Company Limited, has announced Cash Offer to Buyback of not exceeding 26,82,400 fully paid-up equity shares of face value of Rs 2/- each, representing 2.38% of the present outstanding equity shares of the Company, from all the existing public shareholders/beneficial owners of the Company as on the Record Date, i.e. January 03, 2019 on a proportionate basis through the “Tender Offer” route at a price of Rs. 410/- per equity share for an aggregate amount of up to Rs. 109,97,84,000, from March 29, 2019 to April 11, 2019.

 

Every day cut-off: 4.00 PM

Last day cut-off: 11.30 AM

Issue Details

Techno Electric Engineering Company Ltd - Buyback
 Scripname TECHNO ELECTRIC ENGINEERING COMPANY LTD
 Security Type  Equity
 Symbol TECHNOE
 Issue Type  Buyback - Tender Offer
 Issue Period

29 Mar to 11 Apr 2019
 Record Date

03 Jan2019
 Tick Price  0.05
 Market Lot  1
 Book Size - No. of Shares 26,82,400
 Minimum Offer Quantity  1
 Maximum Offer Quantity 26,82,400
 Face Value 2
 Floor Price/Offer Price 410

How to bid for Buyback

Bid for share buyback effortlessly with our trading platforms.

  • mPowered: Buyback instantly by logging into your account from our mPowered trading platform. Go to Equity > Buy Back > Dash Board.
  • Call ‘N’ Trade: Place your share for buyback order through centralized dealing desk at 33553366 (prefix local code).
  • Dedicated Dealer: Place your share for buyback order through our dealers at the nearest branch

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