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Buyback20 May 2026, 05:21 pm

Onward Tech: Buyback Offer for 5.48 Lakh Shares at ₹328

AI Summary

Onward Technologies Ltd has announced a buyback offer for up to 5,48,780 fully paid-up equity shares at a price of ₹328 per share, payable in cash. The buyback, not exceeding ₹18 crores, is being conducted via a tender offer route through the stock exchange mechanism. The buyback offer opens on May 22, 2026, and closes on May 29, 2026. The record date for determining eligible shareholders was May 18, 2026. Centrum Broking Limited is the Manager to the Buyback, and MUFG Intime India Private Limited is the Registrar.

Key Highlights

  • Onward Technologies announces buyback of 5,48,780 equity shares.
  • Buyback price is set at ₹328 per equity share.
  • The total buyback amount will not exceed ₹18 crores.
  • Buyback opens on May 22, 2026, and closes on May 29, 2026.
  • Centrum Broking and MUFG Intime India are managers and registrars, respectively.