dividend of Re 1.00 per equity share) on October 26, 2018 involving an outgo of RS. Apart from Emami, in the past fortnight, ever since the crash began, a few more companies announced plans to buyback – SP Apparels, Sun Pharma, Supreme Petrochem … Coal India to pay interim dividend of Rs 12 per share. Its authorized share capital is Rs. Apply now to build a successful career with Supreme Petrochem (SPL) 3 The Supreme Group Supreme Industries: Engaged in processing of polymers and resins into finished plastic products 29.99 per cent stake in Supreme Petrochem Supreme Industries Overseas (FZE) - A wholly owned subsidiary, in the United Arab Emirates. 6267 lakhs: Rs. With a market share exceeding 50%, the company remains the undisputed leader in India . ), Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. 40,120 Cr: Pradhan, Ishan Dyes & Chemicals bags Rs 40 crores order, Covestro pushes digitization for making processes efficient, Delta helps Formosa Plastics create its new energy-efficient enterprise data center, VA Tech WABAG to increase Al for waste water treatment, Air Liquide wins biomethane supply contract from a UK-based retailer, Confidence Petroleum completes EPC for Bengal Gas, CRISIL reaffirms bank facilities rating of Gujarat Gas, COVID-19 vaccination dry run conducted in 4 states, DavaIndia opens first COCO store in Surat, FDC planning Capex investment of Rs. Digital Editor. Some companies that are currently doing such a buyback, through open market route, are Sun Pharmaceutical Industries, Emami, Motilal Oswal Financial Services, Dalmia Bharat, Delta Corp, Ramkrishna Forgings and Supreme Petrochem. The company will buyback a maximum of 41 lakh equity shares at a price not exceeding Rs 185. Net sales slipped 19.3% to Rs 619.08 crore in Q3 December 2019 over Q3 December 2018. On a standalone basis, Supreme Petrochem reported a net profit of Rs 2.07 crore in Q3 December 2019 as compared to a net loss of Rs 17.57 crore in Q3 December 2018. Supreme Petrochem LTD Technical Data Sheets. In Indian market it has share of more than 50%. Supreme Petrochem Limited is a Public incorporated on 14 December 1989. Also, we will provide all required information about Just Dial Limited Buyback offer, buyback price, buyback size, Just Dial Buyback record date, and company’s finance so you can make the best decision for your portfolio. Sun Pharmaceuticals, Supreme Petrochem, Dalmia Bharat, Emami and Granules India are some of the companies that already announced buybacks. Know everything about the buyback from JustDial. Supreme Petrochem: Buyback amount Rs. The company announced that its board on 12 March 2020 approved buyback of the company's fully paid-up equity shares for an amount not exceeding Rs 62.67 crore. The dates of the buyback offer will be mentioned in the public announcement, the company's statement added. All these companies announced a buyback in March and, all of them are buying back less 10% of their paid-up equity. 418 Cr order from Saudi Aramco, IGPL starts commercial production at Taloja, CSC partners IIT Delhi to promote rural entrepreneurs, India launches digital platform based COVID-19 vaccine distribution campaign for start-ups, DPIIT invites applications for startup awards, Cabinet approves modified scheme to enhance Ethanol capacity, Ethanol value chain to fuel investment of Rs. Supreme Petrochem Ltd. is at the forefront of styrenics in India. 62.67 crores excluding dividend distribution tax (DDT) and all other expenses to be incurred for buyback viz, filing fees payable to SEBI, Stock Exchanges fees, advisors fees, transaction cost viz., brokerage, applicable taxes such as securities transaction tax, stamp duty etc., and any other incidental and related expenses in cash from the BSE and the National Stock Exchange of India, subject to a price not exceeding Rs. Company Announcement Supreme Petrochem Limited has informed the Exchange about Buyback of securities of SUPREME PETROCHEM LTD from the Open Market in terms of SEBI (Buy Back) of Securities) Regulations, 2018 - NEWS as on 2020-09-18 . Earlier, companies such as Sun Pharma, Supreme Petrochem, Emami, Dalmia Cement and Granules India Ltd had announced share buyback. Get Indian Chemical News's top stories every morning in your email inbox. For instance, TCS proposed to buy back shares at Rs 3,000 per share, which is at a premium to the closing price of `2,737 on the day of the announcement (October 7). Buyback price is at premium of 28.9% to the closing prices as on Nov. 2. During the year under review your Directors declared an interim dividend @10% on its paid up Share capital, consisted of 9,65,01,958 equity shares of RS. As a premium subscriber you get an across device unfettered access to a range of services which include: Welcome to the premium services of Business Standard brought to you courtesy FIS. FOR THE ATTENTION OF THE SHAREHOLDERS/ BENEFICIAL OWNERS OF THE EQUITY SHARES OF SUPREME PETROCHEM LIMITED The Post Buyback Public Announcement is issued in compliance with Regulation 19(7) of the Securities and Exchange Board of India (Buy-back of Securities) Regulations, 1998 and subsequent amendments thereto. 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