Buyback20 May 2026, 04:51 pm
Onward Tech: Buyback Offer of 5,48,780 Shares at ₹328
AI Summary
Centrum Broking, the manager for Onward Technologies' buyback, submitted the Letter of Offer to BSE. The company will buy back up to 5,48,780 fully paid-up equity shares with a face value of ₹10 each at a price of ₹328 per share, payable in cash. The buyback, totaling up to ₹18 Crores, will be executed through a tender offer. The record date for the buyback was May 18, 2026.
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.
- Centrum Broking is the manager for the buyback offer.
- Buyback is via tender offer route through stock exchange mechanism.
Price Impact
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