Buyback27 Oct 2026, 03:32 pm
Atul Ltd Approves ₹90 Cr Share Buyback
AI Summary
Atul Ltd's Board of Directors has approved a share buyback program of up to ₹90 crore (Rupees ninety crore only). The buyback will be conducted through open market purchases on the stock exchanges (NSE and BSE) at a maximum price of ₹7,500 per equity share. This represents 1.72% and 1.69% of the company's total paid-up equity share capital and free reserves as of March 31, 2026. The buyback is within the statutory limit of 10% of the company's paid-up capital and free reserves under the board approval route. The company has also published a public announcement regarding the buyback in the Financial Express (English and Gujarati) and Janasatta (Hindi) on October 27, 2026.
Key Highlights
- Board approved buyback of equity shares up to ₹90 crore.
- Buyback to be executed via open market purchases.
- Maximum buyback price set at ₹7,500 per share.
- Buyback represents 1.72% of paid-up capital and reserves.
- Public announcement published in leading newspapers.
Price Impact
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