Post Buyback Public Announcement pursuant to provisions of SEBI(Buyback of Securities) Regulations, 2018
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Puretrop Fruits Limited has completed its share buyback program, purchasing the full 11,00,000 equity shares (13.80% of total shares) at ₹200 per share for a total consideration of ₹22 crore. The buyback ran from April 17-23, 2026 and was oversubscribed 1.70 times, with 1,462 valid bids for 18,73,414 shares. Settlement was completed on April 30, 2026, and share extinguishment is expected by May 12, 2026. Post-buyback, the company's paid-up capital reduced from 79,69,902 to 68,69,902 shares. Promoter holding increased from 60.87% to 64.27%, while public shareholding decreased from 39.13% to 35.73%.
The buyback is positive for selling shareholders who received ₹200 per share (20x face value). Remaining shareholders face higher earnings per share due to reduced share count, though with increased promoter concentration.