
Buyback19 May 2026, 04:41 pm
Sarla Fibers: Buyback Offer of 40 Lakh Shares at ₹110
AI Summary
Sarla Performance Fibers Ltd announced a buyback offer for up to 40,00,000 fully paid-up equity shares with a face value of ₹1 each. The buyback is offered at a price of ₹110 per equity share, payable in cash, for an aggregate amount of up to ₹44,00,00,000, excluding transaction costs. The buyback opening date is May 21, 2026, and the closing date is May 27, 2026. The company has emailed the Letter of Offer to eligible shareholders as of the record date, May 15, 2026.
Key Highlights
- Sarla Fibers announces buyback of 40,00,000 equity shares.
- Buyback price is set at ₹110 per share.
- The total buyback amount is up to ₹44,00,00,000.
- Buyback opens on May 21, 2026, and closes on May 27, 2026.
- Letter of Offer was sent to eligible shareholders on May 19, 2026.
Price Impact
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