News

Jul 21, 2023

Control Print Buyback 2023 Record Date, Acceptance Ratio, Profit Guidance

Control Print Buyback 2023 description – Incorporated in 1991, Control Print, headquartered in Mumbai, India, has emerged as the premier Indian manufacturer in the coding and marking industry. With an

Control Print Buyback 2023 description – Incorporated in 1991, Control Print, headquartered in Mumbai, India, has emerged as the premier Indian manufacturer in the coding and marking industry. With an initial branch and rapid expansion to 11 branches across India, and 4 international branches in Sri Lanka, Bangladesh, Nepal, and Oman.

Control Print operates 2 technologically advanced factories in Nalagarh, Himachal Pradesh, and Guwahati, Assam, India. The Nalagarh facility, spanning 30,000 square feet was established in 2008, and the Guwahati facility covers 65,000 square feet and commenced operations in 2015. The company has over 500 employees, including more than 300 factory-trained engineers.

The company manufactures coding and marking equipment. It also produces coding and marking-related consumables such as fluid ink, ink ribbons, and other essential supplies. It has completed over 70,000 successful installations.

In April 2020, Control Print launched ‘The Mask Lab’ which supplied International Quality Surgical Face Masks and N95/FFP2/IS 9473 Quality Masks. In July 2022, the company acquired 75% of Markprint BV, a Netherlands-based company, which helped the company to gain technical capabilities and also set foot in the European market.

Letter of OfferDraft Letter of OfferPublic AnnouncementBoard ApprovalUpcoming Share Buyback

Small Shareholder is defined as shareholder who holds shares worth less than INR 2,00,000 as on record date.

BIGSHARE SERVICES PRIVATE LIMITEDS6-2, 6th Floor, Pinnacle Business Park,Next to Ahura Centre, MahakaliCaves Road, Andheri East,Mumbai – 400 093Phone: 022-40430200 / 62638200Email: [email protected]Website: www.bigshareonline.com

KEYNOTE FINANCIAL SERVICES LIMITEDThe Ruby, 9th Floor, Senapati Bapat Marg,Dadar (West), Mumbai – 400028Tel: 022– 68266000E-mail: [email protected]Website: www.keynoteindia.net

All eligible shareholders of the company who own shares in the physical or demat form on the record date may participate in the buyback offer through their stockbroker. The eligible shareholders who hold the shares in demat form must notify their brokers of the details of the equity shares that they wish to tender in the buyback offer.

The shareholder must transfer the tendered shares to the clearing corporation’s Special account. In turn, the broker would place a buyback order on the stock exchange.

The eligible shareholders who own the shares in physical form must present their broker with the original share certificates and supporting documents. After document verification is complete, the broker places an order on the stock exchange and submits the original share certificate and TRS (Transaction Registration Slip) to the registrar.

Control Print share buyback opens on 2023 and closes on 2023.

Control Print buyback is a tender offer.

Control Print buyback price is INR 800 per share.

Control Print buyback record date is 18 August 2023.

Control Print share buyback will be conducted through the tender process and investors who hold the shares on record date can place orders through their broker.