Shares of face value ₹ 10 (Rupees Ten only) each of the Company (“Equity Shares”) for an amount. not…
As filed · Buyback
Special SituationImprovingMajormateriality 78 out of 100
What happened
Factshares of face value ₹ 10 (Rupees Ten only) each of the Company (“Equity Shares”) for an amount. not exceeding ₹ 3,400 lakhs (Rupees Three Thousand Four Hundred Lakhs only) excluding any. provided that 15% (fifteen percent) of the number of Equity Shares which the Company proposes.
Why it matters
CapitSignal interpretationA 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.
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Fact- Record date and acceptance ratio
- Promoter participation
- Cash left on the balance sheet afterwards
- So, every quarter we intend to grow by 5% to 7%. So, at the end of the last quarter, we would have grown by 15 (management committed by Q4 FY27)
Evidence
How CapitSignal classified this
- Reasoning:
- BUYBACK base 70; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%