Sarthi Capital Advisors Private Limited ("Manager to the Buy-Back") has submitted to BSE a copy of Corrigendum to the Letter of Offer for the Buy-back of equity shares through Tender Offer ....
INFOBEAN · price
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Awaiting price reaction for this filing.
InfoBeans Technologies is buying back up to 2,15,520 fully paid-up equity shares at Rs. 464 per share through a tender offer route. The buyback size represents 3.29% of the company's paid-up equity capital and 3.19% of its free reserves (including securities premium) as per FY25 audited financials. This filing is a corrigendum correcting the buy-back entitlement ratios stated in the original Letter of Offer: shareholders in the Small Shareholders reserved category can tender 20 shares for every 587 held on the record date, while those in the general category can tender 23 shares for every 675 held on the record date. The exact entitlement per shareholder will be communicated electronically along with the Letter of Offer.
Existing shareholders now have clear entitlement ratios to decide how many shares they can tender in the buyback at Rs. 464. There is no change to the buyback price or overall size — this corrigendum only fixes the per-holder entitlement math, which is administrative in nature and unlikely to move the stock price materially on its own.