ACGL approves ₹290 Cr buyback, Q2 FY27 results
Automobile Corporation of Goa Ltd announced the approval of its audited financial results for the quarter and half-year ended September 30, 2026. The Board also approved a buy-back of up to 1,44,639 equity shares at ₹2,005 per share, for an aggregate consideration not exceeding ₹29,00,01,195 (₹290.00 Crore). This buy-back represents 2.38% of the company's paid-up equity share capital and is within the statutory limit. A Buyback Committee has been formed to oversee the process. Additionally, Ms. Swati Shivanand Salgaocar will be appointed as Chairman of the Board effective December 7, 2026.
Key Highlights
- Board approved audited financial results for Q2 FY27 and H1 FY27.
- Approved buy-back of 1,44,639 shares at ₹2,005 each.
- Total buy-back consideration not exceeding ₹290.00 Crore.
- Buy-back represents 2.38% of paid-up equity share capital.
- Ms. Swati Shivanand Salgaocar appointed as Chairman from Dec 7, 2026.
Price Impact
More from ACGL
More in Board Meeting
Popees Baby Care Board Meeting Oct 24 for Fund Raising Modification
Virtual Global Education Board Approves Financial Results, CFO Change, and Fund Raise
Virtual Global Education Board Approves Financial Results, CFO Change, and Fund Raise