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PVR Inox ₹300 Crore Buyback Opens For Eligible Shareholders
PVR Inox is offering to buy some of its own shares from eligible investors.
The company will pay ₹1,450 for each share it accepts.
The buyback starts on September 10 and ends on September 17.
Only people who owned shares on September 4 can take part.
Small shareholders have a specific number of shares they can offer based on how many they own.
For example, someone with 157 shares can offer nine shares.
However, the company may not accept every share offered.
Investors must place their bids through a registered stock broker, and taxes can reduce the final profit.
PVR Inox’s ₹300 crore buyback opens September 10 and closes September 17 at ₹1,450 per share.
Only shareholders who held the stock on the September 4 record date are eligible to participate.
Small shareholders can tender 9 shares for every 157 held, while general-category shareholders can tender 21 for every 1,108 held.
A holder of 157 shares could receive ₹13,050 if all nine tendered shares are accepted, before taxes.
Participation does not guarantee full acceptance; promoters intend to tender up to 5.69 lakh shares.
- Who
- PVR Inox and shareholders who held its shares on September 4, 2026.
- What
- A ₹300 crore tender-offer buyback of nearly 21 lakh shares at ₹1,450 per share.
- Where
- Through the separate buyback window on the stock exchange via a BSE-registered broker.
- When
- The offer runs from September 10 through September 17, 2026; payments and rejected-share returns are scheduled for September 24.
- Why
- PVR Inox is repurchasing shares from existing shareholders at a price above the prevailing market price.
Company And Analyst View
Investor And Reported Concerns
Acceptance and potential returns
Company And Analyst View
The ₹1,450 price is about 24% above the September 9 closing price, and accepted shares could generate a gross premium before taxes.
Investor And Reported Concerns
Tendering shares does not ensure that all shares will be accepted, so the actual return depends on the final acceptance ratio and applicable taxes.
Reported employee investigation
Company And Analyst View
PVR Inox said anonymous notes prompted a preliminary review by external experts and that the examination found no evidence of kickbacks; it said Pramod Arora resigned for personal reasons.
Investor And Reported Concerns
A report cited people familiar with the matter as saying Arora and others were asked to leave after an internal investigation into alleged kickbacks of up to ₹200 crore; the report contributed to pressure on the stock.
Share-price outlook
Company And Analyst View
Anand Rathi analyst Jigar S. Patel described the technical setup as positive and identified potential upside after a sustained break above ₹1,250.
Investor And Reported Concerns
The stock was approaching resistance around ₹1,230–₹1,250, where profit-taking could occur, with support identified around ₹1,125–₹1,110 and ₹1,070.
Key facts
- Buyback size
- ₹300 crore
- Buyback price
- ₹1,450 per share
- Shares proposed
- Nearly 21 lakh equity shares
- Record date
- September 4, 2026
- Small-shareholder entitlement
- 9 shares for every 157 shares held
- General-category entitlement
- 21 shares for every 1,108 shares held
- Payment date
- September 24, 2026
Quotes
Jigar S. Patel
Senior Manager of Technical Research at Anand Rathi Share and Stock Brokers Limited
“The price has recently witnessed a strong recovery and is now trading around ₹1,199.”
livemint.com
Sources
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