Orbit Exports board approves buyback at 250 rupees per share, up to 27.6 cr

Corporate Actions View source PDF Explain this filing

ORBTEXP · price

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Price reactionminutes from the announcement price · days from the prior close

-0.4%Reaction day

₹227.85

prior close

₹226.85

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.0%+1.7% vs market

Other Textile Products peers, median of 183sector-1.8%+1.4% vs sector

On the reaction day the stock moved 1.7 pts more than Nifty Microcap 250 and 1.4 pts more than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.5

10m

+1.4

15m

+1.4

30m

+0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.4-2.0+1.7-1.8+1.4

Next day

+2.2-0.1+2.3-1.2+3.3

+1.8+1.2+0.6-1.1+2.9

+3.4+1.4+2.0-0.1+3.5

+4.7+0.4+4.3-1.1+5.7

+4.1+1.0+3.1-0.9+5.0

-3.0-0.5-2.5-1.3-1.7

15d

+4.5-0.6+5.0-1.6+6.0

+16.5+3.4+13.1-1.3+17.8

+5.3+6.0-0.7-0.6+5.9

+2.1+1.1+1.0-6.9+9.0

UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 183Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Board of Orbit Exports approved buyback of up to 11,04,000 equity shares at 250 rupees each, totaling up to 27.6 crores, which is 4.16 percent of total paid-up equity capital. Buyback will happen through tender offer route via stock exchange. Promoters will not participate. Record date fixed as July 15, 2026. Saffron Capital Advisors appointed as manager. Also, Omprakash Jat appointed as Company Secretary.

Likely market impact

Buyback signals return of cash to shareholders and may support the share price. Promoters opting out means a larger share of the offer is available for public shareholders.