Orbit Exports announces buyback of up to 11.04 lakh shares at Rs 250
ORBTEXP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.7 pts less than Nifty Microcap 250 and 0.3 pts less than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Orbit Exports is buying back up to 11,04,000 equity shares of face value Rs 10 each through a tender offer route at Rs 250 per share, for an aggregate amount not exceeding Rs 27.60 crore (excluding taxes and expenses). The Board approved this buyback on July 7, 2026 on a proportionate basis. The company published the Public Announcement on July 9, 2026 in Financial Express (English), Jansatta (Hindi), and Mumbai Lakshadeep (Marathi) as required under SEBI Buyback Regulations.
Buyback signals management confidence; eligible shareholders can tender shares at Rs 250 via the proportionate tender offer route.