Sarla Performance Fibers Limited — Dividend/Bonus, 19-05-2026: Buyback

Sarla Performance Fibers (SARLAPOLY) has announced a Tender Offer buyback for up to 40 lakh shares (4.79% of outstanding shares) at ₹110 per share, totaling ₹44 Cr. The buyback opens on May 21, 2026, and closes on May 27, 2026. Importantly, promoters (currently holding 57.11%) will not participate, which could lead to a higher acceptance ratio for public shareholders. Post-buyback, the promoter's stake could increase to 59.98%, reflecting enhanced ownership and potentially boosting EPS and return on net worth.