Fairchem Organics Limited has informed the Exchange about Buyback
FAIRCHEMOR · price
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Awaiting price reaction for this filing.
Fairchem Organics Limited has filed its Letter of Offer for a share buyback of up to 4,25,000 equity shares (face value ₹10) at ₹800 per share, for an aggregate consideration of up to ₹3,400 lakhs. The buyback represents 3.26% of the total paid-up equity share capital and 16% of paid-up capital plus free reserves, well within the SEBI limit of 25%. The offer is being made on a proportionate basis through the tender offer route, with record date set as January 5, 2026. Promoters have declared they will not participate in the buyback. The buyback window opens on January 8, 2026 and closes on January 14, 2026, with settlement on January 21, 2026. Motilal Oswal Investment Advisors is the manager to the buyback and MUFG Intime is the registrar.
The buyback at ₹800 per share can provide price support and lead to EPS accretion due to a reduction in outstanding share count. Public shareholders are the only eligible participants since promoters have opted out, which means a relatively larger share of entitlements is available to non-promoter holders.