Onward Technologies Limited has informed the Exchange about Copy of Newspaper Publication
ONWARDTEC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Onward Technologies Limited has published newspaper advertisements confirming the completion of dispatch of Letter of Offer for its share buyback program. The buyback offers to purchase up to 5,48,780 fully paid-up equity shares at ₹328 per share (face value ₹10) for a maximum total consideration of ₹18 Crores. The advertisements were published on May 21, 2026 in Financial Express (English all editions), Jansatta (Hindi all editions), and Navshakti (Marathi Mumbai edition). This is a follow-up notification to the exchanges confirming that tender forms have been dispatched to all eligible shareholders holding shares in both demat and physical form.
The buyback at ₹328 per share represents a significant premium to face value, offering shareholders an opportunity to exit at favorable terms. This should be positive for shareholder returns and may provide support to the stock price near the buyback price level.