Buy Back of Equity shares of the Company
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.0 pts more than Nifty Microcap 250 and 2.2 pts more than its Other Agricultural Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Puretrop Fruits Limited's board has approved a buyback of up to 11 lakh fully paid-up equity shares at Rs. 200 per share, for a total outlay of up to Rs. 22 crore (excluding expenses). This represents about 17.42% of the company's paid-up capital and free reserves, and will be carried out via the tender offer route on a proportionate basis, subject to shareholder approval by postal ballot. Promoters have indicated their intention to participate in the buyback. The filing also includes Q3 FY26 (quarter ended December 31, 2025) unaudited results showing a strong turnaround — revenue from operations rose to Rs. 26.37 crore from Rs. 19.78 crore in Q3 FY25, with a profit from continuing operations of Rs. 2.60 crore versus a loss of Rs. 3.35 crore a year ago. Total profit for the quarter stood at Rs. 2.71 crore (vs a loss of Rs. 1.69 crore). Additionally, the board approved the appointment of Ms. Dipti Motiani (daughter of MD Ashok Motiani) as CEO effective March 1, 2026, the resignation of Company Secretary Ms. Preeti Jaiswar, and the appointment of Ms. Vanshika Lunia as the new Company Secretary and Compliance Officer.
The buyback at Rs. 200 per share signals management's confidence and should support the stock price, while returning cash to shareholders. The sharp year-on-year recovery in Q3 profits and the revenue growth are positive signals for shareholders, though the appointment of a family member (promoter's daughter) as CEO may raise corporate governance concerns among some investors.