Orbit Exports issues corrigendum to Rs 27.6 cr buyback offer at Rs 250/share

ORBTEXP · price

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Price reaction · full curve 14 horizons · vs prior close

-0.1%1-day move

₹220.30

prior close

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AI summary

Orbit Exports has issued a corrigendum dated July 18, 2026 to its Letter of Offer for buyback of up to 11,04,000 equity shares of face value Rs 10 at Rs 250 per share through tender offer, aggregating up to Rs 27.60 crore. The corrigendum updates total shares held under paragraph 6.10(iii) to 1,57,68,460 (59.48%) and replaces Annexure A on permissible capital payment. Promoters and Promoter Group have opted not to participate. Buyback opens and closes on July 27, 2026. Record date was July 15, 2026.

Likely market impact

Procedural correction with no change to offer price, size or timeline; eligible shareholders can tender shares by July 27, 2026.