Sarla Performance Fibers Limited has informed the Exchange about public Announcement - Buyback of Shares
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Sarla Performance Fibers Limited has announced a buyback of up to 40,00,000 (40 lakh) fully paid-up equity shares at ₹110 per share in cash. The total buyback amount is up to ₹44 crore (₹44,00,00,000). The buyback is being conducted through the tender offer route on a proportionate basis, in compliance with SEBI Buy-Back Regulations 2018 and the Companies Act 2013. The Board had approved this buyback in their meeting held on May 11, 2026. The public announcement was published on May 13, 2026 in English (Financial Express), Hindi (Janasatta), and Gujarati (Janadesh) newspapers.
This buyback offers shareholders an exit opportunity at ₹110 per share, providing immediate liquidity. The tender offer on proportionate basis means all eligible shareholders can participate. For those holding shares below the face value or at discount, this represents a positive outcome.