Corporate Action4 Sept 2026, 04:41 pm
PVR INOX Issues Corrigendum to Buyback Public Announcement
AI Summary
PVR INOX Limited has issued a corrigendum to its Public Announcement dated September 1, 2026, regarding a proposed buyback of up to 20,68,965 equity shares at ₹1,450 per share. The corrigendum, published on September 4, 2026, clarifies details for eligible shareholders. This follows the initial announcement on September 2, 2026, concerning the tender offer process for the buyback. The company has also provided details on the allocation of shares to various categories including QIBs and Market Makers, and the timeline for allotment advices and unblocking of funds.
Key Highlights
- PVR INOX issued a corrigendum to its previously announced share buyback.
- The buyback involves up to 20,68,965 shares at ₹1,450 each.
- The corrigendum clarifies details for eligible shareholders regarding the tender offer.
- Allocation details for QIBs and Market Makers are provided.
- Timelines for allotment advices and fund unblocking are outlined.
Price Impact
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