
Buyback19 Sept 2026, 02:35 pm
Emami announces ₹282 Cr buyback at max ₹475/share via open market
AI Summary
Emami Limited has submitted a Public Announcement for the buyback of its equity shares from the open market. The buyback, approved by the board on September 17, 2026, will be conducted through the stock exchange mechanism. The company plans to buy back shares for an aggregate amount not exceeding ₹28,200.00 Lakhs (₹282 Crores) at a price not exceeding ₹475.00 per equity share. This amount is not more than 10% of the aggregate of the total paid-up share capital and free reserves. IIFL Capital Services Limited has been appointed as the Manager to the Buyback. The public announcement was published on September 19, 2026.
Key Highlights
- Board approved buyback of equity shares on September 17, 2026.
- Maximum buyback size is ₹28,200.00 Lakhs (₹282 Crores).
- Maximum buyback price is ₹475.00 per equity share.
- Buyback will be conducted from the open market via stock exchanges.
- IIFL Capital Services Limited appointed as the buyback manager.
Price Impact
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