Nectar Lifesciences board approves INR 81 crore buyback at INR 27 per share
NECLIFE · price
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On the reaction day the stock moved 16.9 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Nectar Lifesciences board approved a buyback of up to 3 crore shares (13.38 percent of paid-up capital) at INR 27 per share, worth INR 81 crore via tender offer route. Promoters will not participate. Record date is December 24, 2025. Mr. Sushil Kapoor also appointed as Director (Finance) for 3 years.
Buyback at INR 27 per share offers exit for public shareholders since promoters are excluded. Positive capital return signal, may support the stock price.