1 hr ago
PVR Inox Buyback: September 3 Last Day to Buy
PVR INOX plans to buy some of its own shares from shareholders.
Investors must own the shares before September 4, 2026, to be eligible for the buyback.
This means September 3 is the last day to buy shares for eligibility.
The company will offer ₹1,450 for each share it buys back.
It plans to buy up to 20.69 lakh shares, spending a maximum of ₹300 crore.
The buyback will happen through a tender offer on the stock exchange.
Promoters have said they plan to take part.
The company may raise the offer price but would then buy fewer shares while keeping the total amount at ₹300 crore.
The stock closed at ₹1,212 on the BSE.
September 3, 2026, is the last day to buy PVR INOX shares before the September 4 record date.
The company plans to repurchase up to 20.69 lakh shares at ₹1,450 each, for a maximum cost of ₹300 crore.
The buyback will use a proportionate tender offer through the stock exchange mechanism and will be open to eligible shareholders.
Promoters and members of the promoter group intend to participate in the buyback.
PVR INOX shares closed 1.4% lower at ₹1,212 on the BSE, despite gains over one, three and six months.
- Who
- PVR INOX and its eligible shareholders; promoters and members of the promoter group intend to participate.
- What
- PVR INOX announced its first-ever share buyback of up to 20.69 lakh equity shares at ₹1,450 per share, capped at ₹300 crore.
- Where
- The buyback will be conducted through the stock exchange mechanism using the tender offer route.
- When
- The board approved the buyback on August 31, 2026; September 3 is the last stated purchase date before the September 4, 2026 record date.
- Why
- The record date is being used to determine which shareholders are eligible to participate in the buyback.
Key facts
- Record date
- September 4, 2026
- Last day to buy for eligibility
- September 3, 2026
- Buyback price
- ₹1,450 per share
- Maximum shares
- 20.69 lakh equity shares
- Maximum buyback size
- ₹300 crore, excluding transaction-related expenses
- Buyback method
- Proportionate tender offer through the stock exchange mechanism
- Buyback manager
- DAM Capital Advisors Ltd
Quotes
PVR INOX board/buyback filing
The company’s filing describing the authority to modify the buyback price and share count.
“The board/ buyback committee may, one working day prior to the record date, increase the buyback price and decrease the number of equity shares proposed to be bought back under the buyback, such that there is no change in the buyback size, in terms of Regulation 5(via) of the SEBI buyback regulations.”
livemint.com
Sources
Related news
PVR INOX Approves ₹300 Crore Buyback at ₹1,450
PVR Inox Board to Consider First Share Buyback
Man Infraconstruction Approves ₹169.29 Crore Share Buyback
Indian Stocks in Focus After Corporate Deals and Announcements
PVR Inox Buyback Highlights Asset-Light Expansion and Recovery Potential
Augmont Enterprises Rises Despite Gold-Buying Appeal and Market Risks
BSE Shares Fall as New Closing Auction Session Draws Scrutiny
Spice Lounge Food Works Stock Hits Upper Circuit Amid Crash
Indian Stocks Slide as Oil, Conflict and Yields Rise
