Announced Fri, 6 Nov, 2026 · 17:16 IST
Jyothy Labs approves share buyback of up to Rs 147 crore
JYOTHYLAB · 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
The board approved a buyback of up to 68,37,210 fully paid equity shares of face value Rs 1 each at Rs 215 per share in cash. The maximum outlay is Rs 147 crore, with proportionate participation and a small-shareholder reservation. The public announcement was published on November 6 in Financial Express, Jansatta and Navshakti.
Likely market impact
The buyback can support per-share metrics and shareholder value, but it uses company cash and may limit near-term liquidity.