Nayara Energy Limited has announced a Buy-back Offer to repurchase up to 2,59,08,262 equity shares, representing 1.74% of its total paid-up equity share capital. The offer price is ₹731 per share, payable in cash, for a total consideration not exceeding ₹1,893.89 crore. The buyback is open to all eligible shareholders on a proportionate basis as of the record date, March 28, 2025. You can check the company’s announcement here.
Nayara Energy Limited is not currently listed on any stock exchange. The company, formerly known as Essar Oil Limited, was delisted from both BSE and NSE on February 17, 2016.
All shareholders holding shares as of the record date, March 28, 2025, are eligible to participate in the buyback on a proportionate basis.
Open Offer Schedule
| Event | Date |
|---|---|
| Opening date of Tendering Period | April 11, 2025 |
| Closure date of Tendering Period | May 07, 2025 |
| Credit of payment for accepted shares/credit of unaccepted shares to the Demat account | May 29, 2025 |
How to tender shares in the Open Offer?
Since Nayara Energy is unlisted and the shares are not traded on a stock exchange, the buy-back must be conducted offline through an off-market transfer.
To tender shares, shareholders must transfer them to the designated escrow depository account using a duly filled Delivery Instruction Slip (DIS).
Here’s how you can tender the shares:
A duly filled Delivery Instruction Slip (DIS) should be sent to Zerodha to transfer the shares to the escrow depository account. You can refer to this support article for the procedure to transfer shares using DIS.
Details of the Demat Account to Transfer Shares
| Nayara Energy Limited | |
|---|---|
| Name of the Depository Participant | Ventura Securities Limited |
| DP ID | IN303116 |
| Client ID | 15534984 |
| Account Name | MIIPL NAYARA ENERGY BUYBACK ESCROW DEMAT ACCOUNT |
| Depository | NSDL |
| ISIN | INE011A01019 |
| Mode of Instruction | Off Market |
| PAN for off-market transfer to Escrow Account | AAACE0890P |
The above details are fetched from the LOF page 08. You can refer to the offer letter here.
Registrar and Transfer Agent Contact Details
- MUFG Intime India Private Limited (formerly Link Intime India Private Limited)
- Address: C-101, 247 Park, Lal Bahadur Shastri Marg, Vikhroli (West), Mumbai 400 083
- Telephone: +91 8108114949
- Email: [email protected]
- Website: https://in.mpms.mufg.com/
For further assistance, shareholders may contact the company at [email protected] or visit the official website of Nayara Energy Limited at Investor Relations - Nayara Energy Limited.