Blue Chip Tex Industries ₹325 Lakh Equity Buyback

Buyback Size: ₹325 lakhs (Rupees Three Hundred Twenty Five Lakhs only)
Buyback Price: ₹130 per equity share
Maximum Shares to be Bought Back: 2,50,000 equity shares
Percentage of Total Paid-up Capital: 12.69% (as on March 31, 2026)
Percentage of Paid-up Capital + Free Reserves: 12.28% (within statutory limit of 25%)
Face Value of Shares: ₹10 per share
Total Paid-up Capital (March 31, 2026): ₹197.05 lakhs
Total Free Reserves (March 31, 2026): ₹2,449.04 lakhs
Permissible Capital Payment Limit: ₹661.52 lakhs (25% of capital + reserves)

Board Meeting Date: October 30, 2026 (buyback approval)
EGM Date: Wednesday, 2nd December, 2026 at 12:00 noon IST
Record Date: To be decided by Board/Buyback Committee
Register Closure Period: Wednesday, 25th November, 2026 to Wednesday, 2nd December, 2026 (both days inclusive)
Remote e-Voting Period: Friday, 27th November, 2026 at 9:00 a.m. to Tuesday, 1st December, 2026 at 5:00 p.m.
Buyback Completion Timeline: Within 12 months from shareholder approval

Stock Exchange: BSE Limited
Registrar & Share Transfer Agent: Bigshare Services Private Limited
Scrutinizer: Mr. Pramod S. Shah, Practising Company Secretary
Auditors: D K P & Associates (Pooja Jain, Partner)
Buyback Committee: Mr. Shahin Nand Khemani (Managing Director), Mr. Rahul Ashok Khemani (Whole time Director & CFO), Mr. Siddharth Ashok Khemani (Non-Executive Director)

Method: Tender offer route through stock exchange mechanism
Reservation: 15% of buyback shares or shares entitled to small shareholders (whichever is higher) reserved for small shareholders (holding shares worth ≤ ₹2,00,000)
Funding Source: Free reserves and/or securities premium account (not from borrowed funds)
Price Flexibility: Board may increase buyback price and decrease number of shares 1 working day prior to record date, keeping total outlay unchanged

Source of Funds: Company's current surplus, cash balances, current investments, and internal resources
Debt Position: No debt as per March 31, 2026 financials (Debt to Capital + Reserves ratio 0:1)
Capital Reduction: Transfer of nominal value of bought-back shares to Capital Redemption Reserve Account
EPS Impact: Expected improvement in earnings per share due to reduction in equity base
Return on Equity: Expected improvement through distribution of surplus funds

Total Promoter & Promoter Group Holding: 56.02% as on date of notice
Promoter Participation: Promoters and promoter group have expressed intention not to participate in buyback
Director Holdings: Mr. Rahul A Khemani (3.43%), Mr. Shahin N Khemani (3.60%), Mr. Siddharth Ashok Khemani (1.07%)

No defaults in repayment of deposits, debentures, term loans, or dividend payments
Compliance with Sections 92, 123, 127 and 129 of Companies Act, 2013
No buyback of securities in preceding one year
No scheme of amalgamation or compromise pending
Minimum public shareholding requirements will be maintained
No issuance of new equity shares during buyback period

D K P & Associates provided unqualified report confirming:

EGM to be held through video conference/audio visual means
Remote e-voting facility provided through Bigshare Services
Members can vote through depository participants (CDSL/NSDL) or directly on Bigshare platform
Scrutinizer appointed for fair and transparent voting process