Patel Integrated Logistics Limited — Dividend/Bonus, 02-07-2026: Buyback
02-07-2026 | 08:03 pm
02-07-2026 | 08:03 pm
Patel Integrated Logistics announced a tender offer buyback of up to 54 lakh shares, totaling ₹10.80 Cr, at ₹20 per share. The offer opens on July 6 and closes on July 10. Promoters intend to participate. This buyback aims to reduce the outstanding equity by 7.76%, enhancing shareholder value by improving earnings per share and return on equity. It reflects a strategic move to return surplus funds to investors and optimize capital structure.
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