Announced Thu, 24 Sept, 2026 · 14:45 IST
Global Education proposes share buyback at 162 rupees via postal ballot
GLOBAL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.2%1-day move
₹135.20
prior close
₹139.09
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.3+0.6+0.8+1.7+0.2-1.6-1.8-2.4+1.8+4.8————
Up moveDown movePending
AI summary
Global Education Limited is seeking shareholder approval via postal ballot to buy back up to 14,75,000 equity shares (about 2.90 percent of capital) at 162 rupees per share through the tender offer route. Total buyback size is up to 23.895 crore rupees. The offer price is about 19.61 percent above the September 23 closing price of 135.44 rupees. Promoters will not participate. E-voting runs from September 28 to October 27, 2026.
Likely market impact
Eligible public shareholders can tender shares at 162 rupees, a 19.61 percent premium over market. Promoters excluded, so benefits flow only to non-promoter holders.