Скачать или смотреть Larsen & Toubro Buyback 2023 Part 2: Entitlement Ratio 23.7%

This video is in Hindi and covers the following topics:

Larsen & Toubro Buyback 2023
Entitlement Ratio (Reserved Category) = 23.7%
Entitlement Ratio (General Category) = 1.9%
इसका क्या मतलब है?
Should we buy L&T?
पैसे कब मिलेंगे?
कितने shares buyback होंगे?

Larsen & Toubro announced a Rs 10,000 crore share buyback along with its June quarter results in July.

The tender offer buyback was supposed to be carried out at a price of Rs 3,000 per share but the company announced on September 11 that it has increased the buyback price to Rs 3,200 per equity share

As per the revised buyback offer, the company will now repurchase 14.99 lakh equity shares representing 3.2 percent of the overall equity, compared to 16.61 lakh shares it planned to repurchase earlier.

Open on 18th September 2023 i.e. on Monday next week

Buyback of shares will remain open till 25th September 2023.

The board of directors of the company has fixed buyback ratio at 9:38 for small shareholders whereas Larsen & Turbo buyback ratio for general category of all kinds of shareholders has been fixed at 11:574.