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The Kaveri saga began in 1976 with the founder G.V.Bhaskar Rao a science graduate with his wife G Vanaja Devi as co-founder establishing a small seed production facility in Gatla Narsingapur village of Andhra Pradesh. In continuation of this entrepreneurial voyage, the idea sprouted as Kaveri Seeds and the company was formally incorporated in the year 1986. Currently, Kaveri is one of the fastest-growing seed companies in India with a large network of over 15,000 distributors and dealers spread across the country. Buyback Type: Open Market Buyback Offer Amount: ₹ 120 Cr Date of Board Meeting approving the proposal: Aug 25 2021 Date of Public Announcement: Aug 25 2021 Buyback Offer Size: 11.47% Buyback Number of Shares: 14,11,780 Price Type: Open Market FV: 2 Buyback Price: ₹ 850 Per Equity Share Details of Buyback: KAVERI SEED COMPANY LTD.board of directors of the company at its meeting held on i.e. 25.08.2021 considered and approved