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Orbit Exports LimitedDividend/Bonus, 17-07-2026: Public Announcement - Buyback of Shares

17-07-2026 | 05:33 pm

Orbit Exports has announced a buyback of up to 11.04 lakh shares, totaling ₹27.60 Cr, at ₹250 per share via a tender offer. The buyback opens on July 21, 2026, and closes on July 27, 2026. This initiative aims to return surplus cash to shareholders and enhance return on equity. Promoters do not intend to participate, potentially increasing the acceptance ratio for public shareholders. Post-buyback, promoter stake could increase from 66.05% to 68.92%, while public shareholding might decrease from 33.95% to 31.08%.

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