Announced Thu, 1 Oct, 2026 · 15:07 IST
Shardul Securities announces Rs 115.20 crore share buyback at Rs 60 per share
SHARDUL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+2.0%1-day move
₹57.00
prior close
₹58.00
base price
In-mkt
timing
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+0.0+0.0+0.0—+2.0+2.4+2.4+1.8——————
Up moveDown movePending
AI summary
Shardul Securities will buy back up to 1.92 crore equity shares at Rs 60 each, aggregating up to Rs 115.20 crore through tender offer route. This equals 21.94% of paid-up capital. The offer price carries a 43.08% premium over 3-month VWAMP on BSE. Promoters will tender their full entitlement. Board approved Aug 12, 2026; shareholders approved Sep 25, 2026; public announcement published Oct 1, 2026.
Likely market impact
Positive for shareholders. Cash exit at Rs 60 per share, well above recent market price. No change in promoter control expected. May support short-term price.