Buyback3 Sept 2026, 03:17 pm
Man Infraconstruction Announces Share Buyback
AI Summary
Man Infraconstruction Ltd has announced a share buyback program approved by its Board of Directors on September 1, 2026. The buyback will be conducted through the open market via the stock exchange mechanism, in compliance with the Companies Act, 2013, and SEBI Buyback Regulations. Cumulative Capital Pvt Ltd has been appointed as the Manager to the Buyback Offer. A public announcement detailing the buyback was published on September 3, 2026, in Business Standard (English and Hindi) and Navshakti (Marathi). The buyback price will not exceed ₹17 per equity share.
Key Highlights
- Board approved share buyback on September 1, 2026.
- Buyback to be executed via open market stock exchange mechanism.
- Maximum buyback price set at ₹17 per equity share.
- Cumulative Capital Pvt Ltd appointed as Manager to the Buyback.
- Public announcement published on September 3, 2026.
Price Impact
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