Sarla Fibers Approves ₹44 Cr Buyback at ₹110/Share

Sarla Performance Fibers Ltd's board approved a buyback of up to 40 lakh equity shares, representing 4.79% of the total paid-up equity, at ₹110 per share. The total buyback size is ₹44 crore, which is 8.28% and 9.49% of the paid-up equity share capital and free reserves, respectively, as of March 31, 2026. The buyback will be executed via a tender offer, excluding promoters and promoter group members. Friday, May 15, 2026, is fixed as the record date. A buyback committee has been formed to oversee the process. Monarch Networth Capital Limited is appointed as the Manager to the Buyback.