StockWatch
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Pharmaceuticals
Buyback27 Oct 2026, 08:00 pm

FDC Ltd Approves Equity Share Buyback of ₹120 Crore

AI Summary

FDC Ltd's Board of Directors has approved a buyback of up to 24,00,000 equity shares, representing 1.47% of the total paid-up equity capital. The buyback will be conducted at a price of ₹500 per share, with an aggregate offer size not exceeding ₹120 Crore (₹1,200 Million). The record date for determining eligibility is fixed as November 13, 2026. The company also approved the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. Promoters and the promoter group intend to participate in the buyback.

Key Highlights

  • Board approves buyback of 24 lakh equity shares.
  • Buyback size capped at ₹120 Crore (₹1,200 Million).
  • Buyback price set at ₹500 per share.
  • Record date for buyback is November 13, 2026.
  • Promoters intend to participate in the buyback.