Man Infraconstruction Limited — Dividend/Bonus, 02-09-2026: Buyback
02-09-2026 | 02:42 pm
02-09-2026 | 02:42 pm
Man Infraconstruction's board has approved a share buyback via the open market mechanism. The company will repurchase shares worth up to ₹169.29 Cr at a maximum price of ₹171 per share. This indicates a potential buyback of up to 0.99 Cr shares. The buyback must utilize at least ₹126.97 Cr, acquiring a minimum of 0.74 Cr shares. The offer is set to open within four working days from the public announcement and will close within 66 working days or earlier if the maximum buyback size is deployed. All repurchased shares will be extinguished, reducing the company's capital. Promoters are excluded from participating.
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