Buyback2 Sept 2026, 02:39 pm
Man Infraconstruction Approves ₹169.29 Cr Share Buyback
AI Summary
Man Infraconstruction Ltd announced its Board of Directors has approved a share buyback program. The company plans to repurchase equity shares at a maximum price of ₹171 per share, for an aggregate amount not exceeding ₹169.29 crore. This buyback will be conducted from the open market through the stock exchange mechanism, excluding shares held by promoters and promoter group. The buyback represents approximately 8.66% of paid-up equity share capital and free reserves as of March 31, 2026.
Key Highlights
- Board approves buyback of equity shares.
- Maximum buyback price set at ₹171 per share.
- Total buyback size capped at ₹169.29 crore.
- Buyback to be executed via stock exchange mechanism.
- Excludes shares held by promoters and promoter group.
Price Impact
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