Announced Tue, 7 Jul · 21:45 IST
Buyback of 11.04 lakh shares at Rs 250 and new Company Secretary appointed
Management Changes View source PDF
ORBTEXP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+2.2%1-day move
₹227.85
prior close
₹226.85
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+2.2+1.8+3.4+4.7+4.1-3.0————
Up moveDown movePending
AI summary
Orbit Exports board approved buyback of up to 11,04,000 shares (4.16% of capital) at Rs 250 per share, aggregating Rs 27.60 crore, via tender offer route. Promoters and promoter group (66.05% holding) will not participate. Record date is July 15, 2026. Mr. Omprakash Jat also appointed as Company Secretary and Compliance Officer effective July 7, 2026.
Likely market impact
Buyback at Rs 250 gives shareholders a cash exit at a premium; promoters not participating boosts relative allotment for public shareholders.