Jagsonpal Pharmaceuticals Completes Buyback and Extinguishes 16 Lakh Equity Shares
Jagsonpal Pharmaceuticals Ltd announced the successful buyback and extinguishment of 16,00,000 equity shares, reducing the company's paid-up capital on June 2, 2026. The buyback involved the purchase of shares in dematerialized form.The capital reconciliation details demonstrate a precise reduction in the company’s issued share capital following the tender offer route.
Share Capital Reconciliation
Before the buyback, Jagsonpal Pharmaceuticals Ltd's issued, subscribed, and fully paid-up share capital stood at 6,71,39,150 equity shares of ₹2 each, amounting to ₹13,42,78,300.During the buyback process, the company bought back 16,00,000 equity shares solely in dematerialized form, valued at ₹32,00,000.
After the extinguishment, the company's paid-up share capital reduced to 6,55,39,150 equity shares of ₹2 each, totaling ₹13,10,78,300.
The following table summarizes the changes in the company's share capital:
| Particulars | Number of Equity Shares | Amount (in Rs.) |
|---|---|---|
| Pre-extinguishment Capital | 6,71,39,150 | 13,42,78,300 |
| Less: Equity Shares bought back (Dematerialized Form) | 16,00,000 | 32,00,000 |
| Post-extinguishment Capital | 6,55,39,150 | 13,10,78,300 |
Post-Buyback Shareholding Pattern
The buyback also resulted in a shift in the shareholding pattern. The company’s total equity shares decreased from 6,71,39,150 before the buyback to 6,55,39,150 after the extinguishment.The detailed shareholding changes are provided below:
| Particulars | Pre-Buyback Shares (Number) | % of Pre-Buyback Capital | Post-Buyback Shares (Number) | % of Post-Buyback Capital |
|---|---|---|---|---|
| Promoter / Promoter Group and persons acting in concert | 4,54,58,210 | 67.71 | 4,54,58,210 | 69.36 |
| Foreign Investors (FIIs and Foreign Mutual funds) | 22,37,115 | 3.33 | 2,00,80,940 | 30.64 |
| Financial Institutions / Banks & Mutual Funds promoted by Banks / Institutions/ AIFs/ Insurance Companies | 4,30,091 | 0.64 | 2,00,80,940 | 30.64 |
| Others (Public, Public Bodies Corporate etc.) | 1,90,13,734 | 28.32 | 2,00,80,940 | 30.64 |
| Total | 6,71,39,150 | 100.00 | 6,55,39,150 | 100.00 |
JAGSNPHARM Stock Price Movement
Today, Jagsonpal Pharmaceuticals Limited shares slipped by 0.05% today to settle at ₹201.74. The stock traded on a volume of 24,460 shares as the market closed.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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