Buyback of up to 54 lakh shares at Rs 20 each, total Rs 10.80 crore
PATINTLOG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.3 pts more than Nifty Microcap 250 and 3.3 pts more than its Logistics Solution Provider peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Patel Integrated Logistics will buyback up to 54 lakh equity shares at Rs 20 per share (face value Rs 10) for up to Rs 10.80 crore total. This is about 8.43 percent of paid-up capital and free reserves, within the 10 percent statutory limit. Done via tender offer route on proportionate basis through stock exchanges. Record date is June 30, 2026. Buyback window opens July 6, 2026 and closes July 10, 2026. Funded entirely from internal cash and accruals, no borrowings. Board revised price from originally approved Rs 18 to Rs 20 per share while trimming share count from 60 lakh to 54 lakh to keep total size unchanged.
Supportive for shareholders. Signals return of surplus cash. EPS may rise after buyback due to reduced share count. Short-term price support near Rs 20.