Dhanuka Agritech buyback: ₹70 crore at ₹1,400

Board clears buyback and FY26 final dividend

Dhanuka Agritech’s board has approved a proposal to buy back its own equity shares and recommended a final dividend for FY26, alongside announcing key dates for shareholders. The company said it will repurchase fully paid-up equity shares through the tender offer route at a fixed price of ₹1,400 per share. The buyback size is capped at an aggregate amount of up to ₹70 crore, excluding transaction costs such as brokerage, fees, turnover charges, and applicable taxes.

The board also recommended a final dividend of 100% for FY26, which translates to ₹2 per equity share of face value ₹2 each. The dividend, if approved by shareholders, will be paid within 30 days of the Annual General Meeting (AGM). Dhanuka Agritech also scheduled its 41st AGM and set separate record dates for the buyback and the dividend.

Buyback size, price, and share count

Under the proposal, Dhanuka Agritech intends to acquire up to 5,00,000 equity shares. The company said this represents 1.11% of its total paid-up equity capital. The buyback will be executed on a proportionate basis through the ‘Tender Offer’ route.

In its exchange filing, the company stated that the board approved the buyback at its meeting held on May 19, 2026. The filing also noted that the offer size of up to ₹70 crore is less than 10% of the paid-up equity capital and free reserves as per the company’s latest audited financial statements as at March 31, 2026. The buyback will be carried out in accordance with the SEBI (Buyback of Securities) Regulations, 2018 and the Companies Act, 2013, along with applicable rules.

Promoters plan to participate

Dhanuka Agritech said the promoters and promoter group have expressed their intention to participate in the proposed buyback. The tender offer method typically enables eligible shareholders to tender shares in proportion to their entitlement, based on the shareholding as of the record date.

The company’s disclosure is limited to the stated intention to participate, without detailing the extent of promoter participation. Any final tendered quantity, acceptance, and resulting shareholding changes would depend on the actual response to the offer and the final acceptance ratio.

Record date for buyback: May 29, 2026

The board fixed Friday, May 29, 2026 as the record date to determine the entitlement and identify equity shareholders eligible to participate in the buyback. Shareholders holding shares as of the record date are typically considered for entitlement under the tender offer process.

The company also clarified that the ₹70 crore buyback size does not include transaction costs. This distinction matters for investors tracking total cash outflow, as the stated offer size refers to the consideration paid for shares tendered and accepted under the buyback.

Final dividend recommendation: ₹2 per share

Alongside the buyback, Dhanuka Agritech’s board recommended a final dividend of 100% for FY26. The company specified this as ₹2 per equity share (face value ₹2 each). The dividend is subject to shareholder approval at the ensuing AGM.

The company said the dividend will be paid within 30 days of the AGM, if approved. It fixed Friday, July 17, 2026 as the record date to determine shareholders eligible to receive the final dividend.

AGM date and voting cut-off

Dhanuka Agritech said its 41st Annual General Meeting will be held on Monday, August 3, 2026 via video conferencing or other audio-visual means. The company also announced Monday, July 27, 2026 as the cut-off date for determining shareholders eligible to vote on the resolutions set out in the AGM notice or to attend the AGM.

These dates are separate from the buyback record date and are relevant for shareholders planning to participate in corporate actions and voting. The company’s disclosures focus on the timeline and eligibility framework rather than the agenda items beyond the dividend approval requirement.

Stock reaction and buyback premium referenced

Following the board’s approval, Dhanuka Agritech’s stock saw sharp movement during the session, with one update noting the stock “soared 10.85% to ₹1,205.” Another data point in the provided details lists the share price at ₹1,132.10 as on May 19, 2026 at 11:01.

The buyback price also implied a premium, with the report stating that ₹1,400 per share represented a 12.21% premium over the day’s high of ₹1,247.55. Such premiums are commonly tracked because they influence tender participation and can support near-term sentiment, though final outcomes depend on acceptance ratios and post-buyback market dynamics.

New subsidiaries mentioned for global strategy

The same set of updates also said the company announced the establishment of new subsidiaries in Brazil and Europe to support its global business growth strategy. No additional operational details, timelines, or financial commitments were provided in the text.

Key details at a glance

Trading data points cited on May 19, 2026

Why the announcement matters for shareholders

The buyback and dividend together represent two shareholder return actions announced at the same board meeting. The tender offer structure and the record date determine who is eligible and how many shares can be tendered on a proportionate entitlement basis. Separately, dividend eligibility is tied to the July 17 record date, with payment timelines linked to shareholder approval at the AGM.

For investors, the critical checkpoints are the record dates, the tender offer process, and the AGM approval requirement for the final dividend. The company’s exchange filing also anchors the buyback within the SEBI buyback framework and Companies Act provisions, which sets procedural requirements around execution, disclosures, and shareholder protections.

Conclusion

Dhanuka Agritech has approved a ₹70 crore buyback at ₹1,400 per share and recommended a ₹2 final dividend for FY26, while laying out clear record dates for both actions. The next milestones for shareholders include May 29, 2026 for buyback eligibility, July 17, 2026 for dividend eligibility, and the August 3, 2026 AGM where the final dividend is subject to approval.