Piramal Enterprises Limited — Dividend/Bonus, 29-04-2025: Buyback

The company has announced a buyback of shares worth ₹500 cr at a price of ₹600 per share via a tender offer. The buyback is set to enhance shareholder value by reducing the number of outstanding shares. Upon closure, the company repurchased 83.33 lakh shares, positively impacting the capital structure by increasing earnings per share and potentially boosting share price. This strategic move reflects a commitment to returning capital to shareholders while optimizing the capital base.