Buyback of up to 60 lakh shares at Rs 18 per share
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 2.0 pts more than Nifty Microcap 250 and 3.0 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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Board approved buyback of up to 60 lakh equity shares (8.62 percent of paid-up capital) at Rs 18 per share, aggregating Rs 10.80 crore, through the tender offer route. Record date is June 30, 2026. Buyback represents about 8.43 percent of paid-up capital and free reserves, within the 10 percent statutory limit. Funded from free reserves and internal accruals, not borrowed funds.
Positive for shareholders - company returning surplus cash, with 15 percent of buyback reserved for small shareholders in the tender offer.