Buyback14 May 2026, 12:34 pm
Onward Tech Buyback: ₹328/Share, Up to ₹18 Cr
AI Summary
Centrum Broking, the manager to the buyback, announced Onward Technologies' buyback offer. The company will buy back up to 548,780 equity shares at ₹328 per share, payable in cash, for an aggregate amount of up to ₹18 Crores. The buyback is through a tender offer route using the stock exchange mechanism, as per SEBI regulations. The public announcement was made on May 14, 2026, in multiple newspapers.
Key Highlights
- Onward Technologies will buy back shares at ₹328 per share.
- The total buyback offer size is up to ₹18 Crores.
- A maximum of 548,780 equity shares will be bought back.
- Centrum Broking is the manager for the buyback offer.
- The buyback is through the tender offer route.