Orbit Exports fixes July 15, 2026 as Record Date for ₹27.60 Cr Buyback
Orbit Exports Ltd. has set July 15, 2026, as the Record Date for its share buyback program. The Board approved a buyback of up to 11.04 lakh fully paid-up equity shares at a price of ₹250 per share, totaling an aggregate amount not exceeding ₹27.60 crore. This represents 9.88% and 9.16% of the company's equity share capital and free reserves as of March 31, 2026 (standalone and consolidated, respectively), and 4.16% of the total paid-up equity share capital. The buyback will be conducted through a tender offer route. Promoters and the promoter group do not intend to participate. Saffron Capital Advisors Private Limited has been appointed as the Merchant Banker. Additionally, Mr. Omprakash Jat has been appointed as the Company Secretary & Compliance Officer.
Key Highlights
- Record Date for buyback set for July 15, 2026.
- Buyback price fixed at ₹250 per equity share.
- Total buyback size is ₹27.60 Cr for 11.04 lakh shares.
- Promoters and promoter group will not participate.
- Buyback represents 4.16% of total paid-up equity capital.
Price Impact
More from ORBTEXP