StockWatch
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Household Products
Buyback4 Nov 2026, 01:48 pm

Jyothy Labs Approves Buyback of 68.37 Lakh Shares at ₹215

AI Summary

Jyothy Labs Ltd announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The Board of Directors also approved a buyback of up to 68,37,210 equity shares, representing 1.86% of the total paid-up equity share capital, at a price of ₹215 per share. The total buyback amount is up to ₹147 crore. The record date for determining eligibility for the buyback has been set as November 11, 2026. The promoter and promoter group have expressed their intention not to participate in the buyback. A buyback committee has been formed to manage the process.

Key Highlights

  • Jyothy Labs declared unaudited financial results for Q2 FY27.
  • Board approved buyback of 68.37 lakh shares at ₹215 per share.
  • Total buyback size is up to ₹147 crore.
  • November 11, 2026, set as the record date for the buyback.
  • Promoters will not participate in the buyback offer.