Buyback28 Sept 2026, 05:50 pm
HT Digital Streams Approves Buyback of 29.26 Lakh Shares
AI Summary
HT Digital Streams Limited (HTDS), a wholly-owned subsidiary of Digicontent Ltd, has received board approval for a buyback of up to 29,26,820 equity shares. These shares represent 25% of HTDS's total equity share capital. The buyback will be conducted at a price of ₹87.68 per share. The company stated that this buyback will not alter the shareholding pattern, as HTDS will continue to be a wholly-owned subsidiary. The total value of the buyback is approximately ₹25.65 crore (29,26,820 shares * ₹87.68/share).
Key Highlights
- HT Digital Streams to buy back 29.26 lakh equity shares.
- Buyback price set at ₹87.68 per share.
- Represents 25% of the subsidiary's total equity share capital.
- No change in wholly-owned subsidiary status expected.
- Total buyback value approximately ₹25.65 crore.
Price Impact
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