Atul Ltd Approves Buyback of ₹90 Cr Shares, Appoints New Auditors

Atul Ltd announced a significant board meeting where several key decisions were made. The company approved a share buyback program of up to ₹90 crore (approximately $10.8 million USD), targeting up to 1,20,000 equity shares at a maximum price of ₹7,500 per share. This represents about 0.41% of the total outstanding shares and excludes shares held by promoters. The buyback aims to return value to shareholders other than the promoter group. Additionally, the board approved the appointment of Price Waterhouse Chartered Accountants LLP as the statutory auditors for a five-year term, commencing from the 2027 AGM until 2032, subject to shareholder approval. The company also submitted its unaudited standalone and consolidated financial results for the second quarter and six months ended September 30, 2026, along with limited review reports.