Announced Fri, 17 Jul · 17:33 IST
Orbit Exports announces Rs 27.6 crore buyback at Rs 250 per share
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
+0.4%1-day move
₹221.00
prior close
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base price
After-mkt
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AI summary
Orbit Exports has filed the Letter of Offer to buy back up to 11,04,000 equity shares (4.16 percent of paid-up capital) at Rs 250 each via tender offer. Total size is up to Rs 27.60 crore excluding costs. Price offers around 10 to 13 percent premium over recent market prices. Promoters will not participate. Record date is July 15, 2026, buyback window July 21-27, settlement by August 3, 2026.
Likely market impact
Shareholders can tender shares between July 21 and 27 at Rs 250 each. Promoters are not participating, which may leave more shares for retail holders.