Onward Technologies Limited has informed the Exchange that Record date for the purpose of Buyback is 18-May-2026.
ONWARDTEC · price
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Onward Technologies Limited has announced Monday, 18th May 2026 as the Record Date for determining eligible shareholders for a proposed buyback of equity shares. The announcement is made pursuant to Regulation 42 of SEBI (LODR) Regulations, 2015 and Regulation 9(i) of SEBI (Buy-Back of Securities) Regulations, 2018. The company has not disclosed the buyback price, size, or any premium percentage in this filing. Shareholders appearing in the records of the company as of 18th May 2026 will be entitled to participate in the buyback.
This record date announcement confirms that a buyback is in progress, which is generally positive for shareholders as it signals the company believes its shares are undervalued. However, the actual impact on the stock will depend on the buyback price and size, which have not been disclosed in this filing.