
Buyback15 Jun 2026, 05:00 pm
Onward Technologies Extinguishes 5.48 Lakh Shares Post Buyback
AI Summary
Onward Technologies Limited has officially extinguished 5,48,780 equity shares, previously bought back in dematerialized form. This action follows the company's buyback offer, with details submitted on May 14 and May 20, 2026. The extinguishment, confirmed by NSDL and CDSL, reduces the company's issued, subscribed, and fully paid-up share capital from ₹22,76,06,700 to ₹22,21,18,900. The company has provided supporting documentation, including confirmations from depositories and a certificate of extinguishment, in compliance with SEBI regulations.
Key Highlights
- Company extinguished 5,48,780 equity shares post buyback.
- Issued capital reduced to ₹22,21,18,900 from ₹22,76,06,700.
- Extinguishment confirmed by NSDL and CDSL.
- Action complies with SEBI (Buy-Back of Securities) Regulations, 2018.
Price Impact
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