Buyback2 Jul 2026, 08:10 pm
Patel Integrated Logistics Announces Buyback Offer
AI Summary
Patel Integrated Logistics Limited has issued a Letter of Offer for a buyback of up to 54,00,000 equity shares at ₹20 per share, totaling ₹10.80 crore. The buyback is conducted via tender offer from existing shareholders as of June 30, 2026. The offer period opens on July 6, 2026, and closes on July 10, 2026. This initiative is in compliance with SEBI Buyback Regulations, 2018, and the Companies Act, 2013.
Key Highlights
- Buyback of 54 lakh shares at ₹20 each.
- Total buyback value not exceeding ₹10.80 crore.
- Record date for eligibility is June 30, 2026.
- Tender offer period: July 6 to July 10, 2026.
- Buyback complies with SEBI and Companies Act regulations.
Price Impact
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