Dhanuka Agritech Completes ₹70 Crore Share Buyback; Shares Slip 0.23%

Mumbai, June 19: Dhanuka Agritech Ltd said on Thursday that it has completed its share buyback programme and published the post-buyback public advertisement in accordance with SEBI’s Buyback Regulations.

According to the disclosure, the company repurchased 5,00,000 fully paid-up equity shares, representing about 1.11% of its pre-buyback equity share capital, through the tender offer route. The buyback was carried out at a price of ₹1,400 per share for an aggregate consideration of ₹70 crore, excluding transaction-related expenses.

The tendering period for the buyback opened on June 4, 2026, and closed on June 10, 2026. As per the post-buyback advertisement, valid bids for 31,93,585 shares were received from shareholders, significantly exceeding the number of shares proposed to be bought back.

Following the completion of the buyback, the company’s paid-up equity share capital has been reduced from 4,50,78,324 shares to 4,45,78,324 shares.

Stock Market Snapshot

Shares of Dhanuka Agritech were trading marginally lower on Friday despite the completion of the buyback process.

As of 11:38 IST on June 19, 2026, Dhanuka Agritech shares were trading at ₹1,068.60, down ₹2.50 or 0.23%. The Dhanuka Agritech share price remained under watch as investors assessed the completion of the capital return exercise and its impact on shareholder value.

Buybacks are generally undertaken to return surplus cash to shareholders and reduce the number of outstanding shares, which can improve earnings per share over time.

Company Background

Dhanuka Agritech is a leading agrochemical company engaged in the manufacture and marketing of crop protection products across India. The company offers a portfolio of insecticides, herbicides, fungicides and plant growth regulators catering to a wide range of crops.

The company works with domestic and international technology partners and has established a distribution network serving farmers across multiple agricultural regions in the country.

Conclusion

The completion of the ₹70 crore buyback marks the conclusion of Dhanuka Agritech’s latest capital allocation initiative. The company successfully repurchased the targeted 5 lakh shares, resulting in a reduction in its outstanding equity capital.

With the buyback process now complete, investor attention is likely to shift back to the company’s operating performance, demand trends in the agrochemical sector and upcoming business updates in the quarters ahead.

Source:

• https://www.nseindia.com/get-quote/equity/DHANUKA/Dhanuka-Agritech-Limited
• https://nsearchives.nseindia.com/corporate/DHANUKA_19062026105500_publicannouncemnetsd.pdf