Buyback2 Sept 2026, 04:03 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. The total buyback value is capped at ₹300 crore. This move is being executed through a tender offer process on a proportionate basis, as per SEBI regulations. The company published the public announcement on September 2, 2026, following the Board of Directors' approval on August 31, 2026. This action aims to return capital to shareholders and potentially enhance shareholder value.
Key Highlights
- PVR Inox to buy back up to 20,68,965 equity shares.
- Buyback price set at ₹1,450 per share.
- Total buyback value not to exceed ₹300 crore.
- Tender offer process to be used for buyback.
- Public announcement made on September 2, 2026.
Price Impact
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