Sarla Performance Fibers completes Rs 44 crore buyback of 40 lakh shares
SARLAPOLY · price
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On the reaction day the stock moved 0.9 pts less than Nifty Microcap 250 and 1.8 pts less than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Sarla Performance Fibers has completed its buyback, extinguishing 40 lakh equity shares bought at Rs 110 each for an aggregate of Rs 44 crore through the tender offer route. Paid-up share capital reduced from 8.35 crore shares to 7.95 crore shares, about a 4.79 percent reduction. Promoter holding rose from 57.11 percent to 59.98 percent as non-promoter shareholders tendered shares. The tendering period ran from May 21 to May 27, 2026, with extinguishment on June 5.
Lower share count may lift EPS and ROE; promoter stake rose to near 60 percent, reducing free float and public participation.