Key Quantitative Figures

  • Maximum Buyback Size: ₹130.00 Crores (One Hundred and Thirty Crores)
  • Maximum Buyback Price: ₹750 per equity share (face value ₹2 each)
  • Indicative Number of Shares: 17,33,333 (Seventeen Lakh Thirty-Three Thousand Three Hundred and Thirty-Three) Equity Shares
  • Percentage of Paid-up Capital: 1.44% of total paid-up equity share capital as of November 06, 2026
  • Statutory Limits: Represents 9.87% of standalone and 6.61% of consolidated free reserves (within 15% statutory limit)
  • Minimum Utilization Commitment: ₹97.50 Crores (75% of maximum buyback size)
  • Minimum Shares to be Bought: 13,00,000 (Thirteen Lakh) shares at maximum price

Parties Involved

  • Buyback Manager: Nuvama Wealth Management Limited
  • Compliance Officer: Mr. Shrenik Soni, Company Secretary and Compliance Officer
  • Excluded Participants: Promoters and persons in control of the Company

Capital Structure Impact

  • Pre-Buyback Total Paid-up Capital: 12,01,56,156 Equity Shares
  • Maximum Shares for Buyback: 17,33,333 Equity Shares (1.44% of capital)
  • Post-Buyback Capital: Minimum 11,84,22,823 Equity Shares (if maximum shares bought back)
  • Dilution Impact: Buyback shares represent less than 25% of existing paid-up equity capital

Shareholding Pattern Details

Pre-Buyback (as on October 30, 2026):
  • Promoter & Promoter Group: 4,82,88,291 shares (40.19%)
  • Foreign Investors: 1,54,10,187 shares (12.83%)
  • Domestic Institutions: 3,79,72,832 shares (31.60%)
  • Others: 1,84,84,846 shares (15.38%)
  • Total: 12,01,56,156 shares (100.00%)
Post-Buyback (Indicative, if maximum shares bought back):
  • Promoter & Promoter Group: 4,82,88,291 shares (40.78%)
  • Other Shareholders: 7,01,34,532 shares (59.22%)
  • Total: 11,84,22,823 shares (100.00%)

Implementation Details

  • Route: Open market acquisition through stock exchange mechanism
  • Committee: Buyback Committee constituted with delegated powers
  • Expenses: Includes brokerage, STT, GST, stamp duty, SEBI filing fees, advisor fees, legal fees, publication expenses
  • Process: Detailed timelines and process to be specified in public announcement

Financial Impact

  • The buyback will utilize company's cash reserves for share repurchase
  • Exact financial impact will depend on final buyback price and number of shares acquired
  • Expenses related to buyback will be incurred from the maximum buyback size