Buyback12 May 2026, 12:14 pm
Onward Tech to Buyback 5,48,780 Shares at ₹328
AI Summary
The Board of Directors of Onward Technologies Limited approved a proposal to buyback 5,48,780 equity shares at a price of ₹328 per share, for a maximum offer size of up to ₹18,00,00,000. The buyback will be executed through a tender offer route, and the Promoters and Promoter Group will not participate. Centrum Broking Limited has been appointed as the Manager to the Buyback. The Board has also constituted a Buyback Committee to oversee the process.
Key Highlights
- Onward Technologies will buyback 5,48,780 equity shares.
- The buyback price is set at ₹328 per equity share.
- The maximum buyback offer size is up to ₹18,00,00,000.
- The buyback will be executed via a tender offer.
- Promoters and Promoter Group will not participate in the buyback.