Buyback22 May 2026, 04:04 pm
Garware Technical Fibres: Buyback Offer of 16.17 Lakh Shares
AI Summary
Garware Technical Fibres Ltd announced a buyback offer for up to 16,17,500 fully paid-up equity shares at ₹680 per share, totaling a maximum of ₹110 Crore. The buyback, representing 1.63% of the total equity shares, is available to eligible shareholders as of the record date, May 20, 2026, through a tender offer process. The buyback opens on May 26, 2026, and closes on June 02, 2026. The Letter of Offer and Tender Forms are being dispatched to eligible shareholders and are available on the company's website.
Key Highlights
- Garware Technical Fibres announces buyback of 16,17,500 equity shares.
- Buyback price is set at ₹680 per equity share.
- The total buyback amount will not exceed ₹110 Crore.
- Buyback opens on May 26, 2026, and closes on June 02, 2026.
- Tender forms are available for both demat and physical shareholders.
Price Impact
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