Buyback5 May 2026, 04:41 pm
Puretrop Fruits Buyback Completed: 11 Lakh Shares at ₹200
AI Summary
Puretrop Fruits Ltd. announced the completion of its buyback offer, purchasing 11,00,000 equity shares at ₹200 per share. The buyback commenced on April 17, 2026, and closed on April 23, 2026, utilizing a total amount of ₹22,00,00,000 excluding transaction costs. The tender offer saw 1462 valid bids for 18,73,414 equity shares, representing approximately 1.70 times the number of shares proposed for buyback. Settlement was completed on April 30, 2026, with direct funds payout to eligible shareholders.
Key Highlights
- Puretrop Fruits bought back 11,00,000 shares at ₹200 each.
- Total buyback amount was ₹22,00,00,000 excluding transaction costs.
- The buyback tender was oversubscribed by 1.70 times.
- Settlement for valid bids completed on April 30, 2026.
- Buyback represents 13.80% of the total number of Equity Shares of the Company.
Price Impact
More from FRSHTRP*