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Buyback2 Sept 2026, 04:04 pm

PVR Inox Announces Buyback of Equity Shares

AI Summary

PVR Inox Limited has officially announced a buyback of up to 20,68,965 equity shares at ₹1,450 per share, totaling up to ₹300 crore. This tender offer aims to return capital to shareholders on a proportionate basis. The company published the public announcement on September 2, 2026, in compliance with SEBI Buyback Regulations, 2018. The buyback was approved by the Board of Directors on August 31, 2026.

Key Highlights

  • PVR Inox to buy back 20,68,965 equity shares.
  • Buyback price set at ₹1,450 per share.
  • Total buyback value up to ₹300 crore.
  • Offer is on a proportionate basis via tender offer.
  • Public announcement made on September 2, 2026.