Sarla Performance Fibers announces tender offer to buy back up to 40 lakh equity shares at ₹110 per share for an aggregate ₹44 crore.
Buyback reserved 15% for small shareholders and excludes promoter group participation, with tender period from May 21-27, 2026.
Company will fund buyback from free reserves and securities premium account, maintaining post-buyback debt-equity ratio within statutory limits.
Post-buyback promoter holding may increase to 59.98% from 57.11% while maintaining minimum public shareholding requirements.