Announced Wed, 28 Oct, 2026 · 17:34 IST
FDC approves Rs 120 crore share buyback at Rs 500 per share
FDC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction
Awaiting price reaction for this filing.
AI summary
FDC Limited's board approved buying up to 24 lakh fully paid shares at Rs 500 each, for a maximum outlay of Rs 120 crore. This covers 1.47% of paid-up equity shares. The record date is November 13, 2026, and at least 15% is reserved for small shareholders. Promoters intend to participate.
Likely market impact
Shareholder support may improve as 1.47% of equity is retired, but up to Rs 120 crore of cash will be used and final terms may change.