
Buyback28 Oct 2026, 05:40 pm
FDC Ltd Board Approves Share Buyback Up to ₹120 Cr
AI Summary
FDC Ltd's Board of Directors has approved a proposal to buy back up to 24,00,000 equity shares, representing 1.47% of the company's total paid-up equity share capital. The buyback will be conducted through the 'tender offer' route at a price of ₹500 per share, with an aggregate buyback consideration not exceeding ₹120 Crores (₹1,200,000,000). This maximum offer size represents 4.84% and 4.87% of the company's paid-up share capital and free reserves as of March 31, 2026. The buyback is subject to maintaining minimum public shareholding requirements.
Key Highlights
- Board approves buyback of up to 24 lakh equity shares.
- Buyback price set at ₹500 per share.
- Maximum buyback value capped at ₹120 Crores.
- Tender offer route to be used for the buyback.
- Buyback represents 1.47% of total equity share capital.
Price Impact
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