Buyback9 Jul 2026, 05:41 pm
Orbit Exports Approves Buyback of 11.04 Lakh Shares at ₹250
AI Summary
Orbit Exports Ltd has officially approved a buyback of up to 11,04,000 equity shares, representing 4.16% of its total paid-up capital as of March 31, 2026. The buyback will be conducted at a price of ₹250 per share, with a total aggregate amount not exceeding ₹27.60 crore. This move is being executed through the tender offer route via the stock exchange mechanism, in compliance with SEBI Buyback Regulations. The board resolution was passed on July 7, 2026.
Key Highlights
- Orbit Exports to buy back 11.04 lakh shares.
- Buyback price set at ₹250 per share.
- Total buyback size capped at ₹27.60 crore.
- Tender offer route via stock exchange mechanism.
- Represents 4.16% of total equity capital.
Price Impact
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