'Letter of offer for Buy-back of Equity Shares '

Letter of offer for Buy-back of Equity Shares '. You are requested to take note of the following schedule of activities in relation to the Buyback. Buyback opens on / Buyback Opening Date*.

A buyback returns cash by retiring shares, so the benefit to a holder depends on the price paid, how many of their shares are accepted, and what the stub is worth afterwards.

• Record date and acceptance ratio
• Promoter participation
• Cash left on the balance sheet afterwards
• Broadly, you have to understand, 60% of the revenue, 55% to 60% of the revenue will be coming in next 3 years (management committed by H1 FY27)
• For FY '26, we are targeting a top line of INR4,000 crores - which would translate into a year-on-year growth (management committed by FY26)