Skip to main content

Data Science and Python Training Program for Everyone(Age=10yrs to 70yrs)

Apply Now Offer Price Rs.899 only. Use Coupon Code= intern899 Training Program Detail: Course Fee  Rs.999 Course Duration 1 Month= 20 classes Timings Monday to Friday  Training Modes Online & Classroom Training Program Description This externship is intelligently devoted to our passionate actors generally admitting and appreciating the very fact that they are on the trail of creating a career in the Data Science discipline. This Training is meant to make sure that also to gaining the needful theoretical knowledge, the compendiums gain sufficient hands- on practice of the word Data Science profession. relatively a training institute, the Training program is the right approach to prompt employment in Data Science. India is growing digitally every day. The demand for Data Science is growing big a day. The benefits of a knowledge Data Science Basic Training Program are in numerous, beginning with the chance to figure with professionals within the field, up to p...

Star cement buyback


Star Cement Limited is the largest cement manufacturer in northeast India. The plant is spread across 200 hectares of land in the idyllic town of Lumshnong, a strategic location at Meghalaya that ensures easy availability of high-grade limestone. The brand “Star Cement” has established itself as the most accredited brand of the region on grounds of both quality and fair pricing. Star Cement Limited is one of the most profitable cement manufacturers in North East India Product: Star Cement’s product range includes Ordinary Portland Cement (OPC 43-Grade) and (OPC 53-Grade) and Portland Pozzolana Cement (PPC), Portland Slag Cement (PSC) and Anti Rust Cement (ARC) in line with evolving customer needs. Plant: Star Cement’s 1.0 MTPA integrated cement plant at Lumshnong (Meghalaya) is proximate to key raw material reserves of limestone, coal, and shale. The company also added 0.67 MTPA cement unit in Meghalaya, 2.0 MTPA cement unit in Sonapur (Guwahati) and 2 grinding units in West Bengal with a total capacity of 0.67 MTPA ( though trading agreement), aggregating an installed capacity of 4.3 MTPA. Pride: Star Cement was recognized by the Meghalaya state government for its pioneering cement plant in the backward area of Lumshnong in 2005. The company is an ISO 9001:2008, ISO 14001 & OHSAS 18001 certified Company. Penetration: Brand “Star Cement’ is one of the largest in the Northeastern region. Its output is marketed through a network of over 6000 dealers and retailers across the North East, resulting in the largest market share in North East India. Star Cement also has a network of over 6000 dealers and retailers across West Bengal and Bihar. The Company’s institutional customers comprise Larsen & Toubro, National Hydro Power Corporation, Public Works Department, Indian Railways and Ministry of Defence. Presently Star Cement is marketing super quality clinker to different grinding units located in India, Nepal & Bhutan. Buy Back Offer Deal: Buyback Type: Tender Offer Buyback Record Date: Aug 26 2021 Buyback Offer Amount: ₹ 123 Cr Date of Board Meeting approving the proposal: Aug 13 2021 Date of Public Announcement: Aug 13 2021 Buyback Offer Size: 5.9% Buyback Number of Shares: 82,48,580 Price Type: Tender offer FV: 1 Buyback Price: ₹ 150 Per Equity Share Details of Buyback: 1. The Board approved the proposal of Star Cement buyback 2021 of fully paid-up equity shares of face value  1 each of the Company for an amount not exceeding  123 Crores. 2. Star Cement Buyback 2021 Size is being 5.9% of the aggregate of the total paid-up Equity Share capital and free reserves of the Company based on consolidated audited financial statements of the Company respectively as on March 31, 2021. 3. Star Cement Buyback 2021 price is 150 per Equity Share  through the "tender offer"route, on a proportionate basis. 4. Record date for Star Cement Buyback is 25.08.2021 Salient financial parameters: Particulars (in Cr) Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Sales 1,528 1,615 1,831 1,844 1,720 Expenses 1,119 1,093 1,382 1,449 1,387 Operating Profit 408 521 449 395 333 OPM % 27% 32% 25% 21% 19% Other Income 2 4 5 29 -36 Interest 78 52 14 9 7 Depreciation 118 121 106 93 90 Profit before tax 215 353 335 322 199 Tax % 6% 5% 9% 11% 6% Net Profit 195 331 299 286 187 How to Participate in buyback? 1. Firstly, to be eligible for the buyback the investor should have shares of Star Cement Limited Buyback 2021 in demat or physical form as on the record date [ 26.08.2021 ] 2. Once you have shares in demat, you can participate in the buyback process which is opening from [ Not Announced] by selling your shares through your broker on NSE or BSE. 3. Then on [ Not announced ], the payment will be given to you for accepted shares and unaccepted shares will be returned to your demat account. Profit from the buyback on the bases of acceptance Ratio: Buy 1333 Shares at CMP of Rs. 116 [2,00,000/150=1333) Acceptance Ratio 33% 50% 75% 100% Amount Invested in Buyback 1,54,628 1,54,628 1,54,628 1,54,628 No. of Shares buyback 439 666 999 1333 BuyBack Profit 14926 22644 33966 45322 Profit 9.6% 14.6% 21.96% 29.3%   2

Comments

Popular posts from this blog

Data Science and Python Training Program for Everyone(Age=10yrs to 70yrs)

Apply Now Offer Price Rs.899 only. Use Coupon Code= intern899 Training Program Detail: Course Fee  Rs.999 Course Duration 1 Month= 20 classes Timings Monday to Friday  Training Modes Online & Classroom Training Program Description This externship is intelligently devoted to our passionate actors generally admitting and appreciating the very fact that they are on the trail of creating a career in the Data Science discipline. This Training is meant to make sure that also to gaining the needful theoretical knowledge, the compendiums gain sufficient hands- on practice of the word Data Science profession. relatively a training institute, the Training program is the right approach to prompt employment in Data Science. India is growing digitally every day. The demand for Data Science is growing big a day. The benefits of a knowledge Data Science Basic Training Program are in numerous, beginning with the chance to figure with professionals within the field, up to p...

The Futures and Options in Share Market

Share market A market where shares are publicly issued and traded is known as a share market. The answer to ‘what is stock market?' is pretty similar to that of a share market. The key difference between share markets and stock markets is that the former only allows one to trade shares. The latter allows you to trade in financial instruments such as derivatives, bonds, mutual funds, as well as shares of listed companies. Futures A futures contract is the obligation to sell or buy an asset at a later date at an agreed-upon price. Futures contracts are a true hedge investment and are most understandable when considered in terms of commodities like corn or oil.  OPTIONS Options are based on the value of an underlying security such as a stock. As noted above, an options contract gives an investor the opportunity, but not the obligation, to buy or sell the asset at a specific price while the contract is still in effect. Investors don't have to buy or se...

MOIL Buyback 2021

MOIL was originally set up in the year 1896 as Central Province Prospecting Syndicate which was later renamed as Central Provinces Manganese Ore Company Limited (CPMO), a British Company incorporated in the UK. In 1962, as a result of an agreement between the Government of India and CPMO, the assets of the latter were taken over by the Government and MOIL was formed with 51% capital held between the Govt. of India and the State Governments of Maharashtra and Madhya Pradesh and the balance 49% by CPMO. It was in 1977, the balance 49% shareholding was acquired from CPMO and MOIL became a 100% Government Company under the administrative control of the Ministry of Steel. MOIL Ltd(BSE: 533286 | NSE: MOIL ) Board has approved a proposal for buyback of up to 87.66 lakh shares at Rs 240 per share, aggregating Rs 210.4 cr which is 3.29% of a total number of paid-up equity shares. FacebookTwitterShare Buy Back Offer Deal: Buyback Type: Tender Offer Buyback Record Date: Dec 31 2021 Bu...