Summary of Key Information:

Security Code: 512626

Nature of Filing / Announcement: Outcome of Board Meeting under Regulation 30 of SEBI LODR

Key Financial Highlights:

Not Specified

Corporate Actions:

  • Approved buyback of fully paid-up equity shares of face value ₹10 through tender offer route
  • Buyback price: ₹250 per equity share
  • Maximum buyback size: ₹27,60,00,000 (₹27.6 crore) excluding expenses
  • Maximum number of shares to be bought back: 11,04,000 equity shares
  • Buyback represents 9.88% of standalone and 9.16% of consolidated fully paid-up equity share capital and free reserves as per March 31, 2026 audited financial statements
  • Buyback represents 4.16% of total paid-up equity share capital as on March 31, 2026
  • Board/Buyback Committee may increase buyback price and decrease number of shares one working day prior to record date, keeping total buyback size unchanged
  • Promoters and promoter group declared intention not to participate in the buyback
  • Record date fixed for eligibility: July 15, 2026
  • Saffron Capital Advisors Private Limited appointed as Manager to the Buyback
  • Buyback Committee constituted with delegated powers

Other Significant Information:

  • Mr. Omprakash Jat (Membership no. A75445) appointed as Company Secretary & Compliance Officer effective July 7, 2026
  • Mr. Jat is an Associate Member of ICSI with over 2 years of experience in Corporate Laws, Secretarial Compliances, Corporate Governance, SEBI and Stock Exchange Compliances
  • Appointment based on recommendation of Nomination & Remuneration Committee