Board approves Rs 312 per share buyback of up to 47.50 lakh shares
GENUSPOWER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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The board approved a tender buyback of up to 47.50 lakh shares at Rs 312 each, costing up to Rs 148.20 crore, or 1.56% of issued capital. The record date is October 30, 2026. The price is 20.16% above the BSE and 20.37% above the NSE close on October 23. Buybacks are proportionate, with at least 15% reserved for small shareholders; promoters will not tender.
Shareholders who tender may receive Rs 312 per share. The buyback can reduce share count and support EPS and ROE, while promoters retain their stakes.