Atul approves Rs 90 crore open-market share buyback
ATUL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.7 pts less than its Specialty Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Atul Limited's board approved an open-market buyback of up to Rs 90 crore, excluding costs, at a maximum Rs 7,500 per share. The indicative limit is 120,000 shares, or 0.41% of outstanding equity. The stated premium to the reference market price is 16.96%. The minimum spend is Rs 67.5 crore. Buyback opens November 2, 2026, can run up to 66 working days, and excludes promoters.
May lift earnings per share and price, and return cash to shareholders, but it uses reserves; buyback equals 1.72% of capital and free reserves.