Corporate Action8 Oct 2026, 07:01 pm
Man Infraconstruction Extinguishes 69.25 Lakh Equity Shares Post Buyback
AI Summary
Man Infraconstruction Limited has officially extinguished 69,25,000 equity shares, representing ₹1.38 Crore in face value, which were repurchased through the open market route. This action, completed between September 9, 2026, and September 30, 2026, is in compliance with SEBI Buyback Regulations. The extinguishment reduces the company's issued, subscribed, and paid-up share capital to ₹79.34 Crore. This move is a standard procedure following a buyback to reduce the total number of outstanding shares.
Key Highlights
- 69.25 Lakh equity shares have been extinguished.
- Extinguishment follows open market buyback program.
- Share capital reduced post-buyback.
- Action complies with SEBI Buyback Regulations.
Price Impact
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