Sarla Performance Fibers Limited has informed the Exchange about Certified True copy of the Resolution passed by the Board of Directors of the Company at its meeting held on May 11, 2026, approving the buyback
SARLAPOLY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sarla Performance Fibers Limited has announced a buyback of up to 40 lakh fully paid-up equity shares at ₹110 per share, totaling up to ₹44 crore. The buyback will be conducted through the tender offer route on a proportionate basis. The Board of Directors approved this buyback at their meeting 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 is being done in compliance with SEBI Buy-Back of Securities Regulations, 2018.
The buyback at ₹110 per share offers shareholders an opportunity to exit at this price. If the current market price is below ₹110, it represents a premium exit. The company is returning capital to shareholders, which could support the stock price near the buyback level.