Paramatrix Technologies Limited — Others, 19-05-2025: Shareholders meeting

Paramatrix Technologies Limited has announced a board meeting on approving a buyback of up to 4,60,800 equity shares at ₹130 per share, totaling up to ₹5.99 Cr. The buyback, around 5.27% of paid-up capital, aims to optimize capital structure and enhance shareholder value by returning surplus funds. Promoters and promoter group will not participate. The buyback will be through a proportional tender offer with a reservation for small shareholders. The company will fund the buyback from free reserves and remain solvent after the transaction.