Buyback of up to 11.04 lakh shares at Rs 250 each worth Rs 27.60 cr approved
ORBTEXP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Orbit Exports board approved a buyback of up to 11,04,000 equity shares at Rs 250 per share, for an aggregate amount not exceeding Rs 27.60 crore. This is 4.16 percent of total paid-up equity capital. Buyback will be through the tender offer route via stock exchange. Promoters will not participate. Record date is July 15, 2026. Saffron Capital Advisors appointed as manager to the buyback. Separately, Mr. Omprakash Jat appointed as Company Secretary and Compliance Officer.
Buyback at Rs 250 is positive, signals confidence and returns cash to shareholders. Promoters not participating may temper support. Record date July 15, 2026.