Archive · 17 Sep 2026
Emami Approves ₹282 Crore Open-Market Share Buyback Plan
Emami plans to buy back some of its own shares.
Its board approved spending up to ₹282 crore for this plan.
The company will buy shares on the open market rather than through a fixed-price offer.
This means the actual prices paid may vary.
Emami will pay no more than ₹475 for each share.
It may buy as many as 59.36 lakh shares.
At least ₹211 crore must be used for the buyback.
If all planned purchases happen, promoter ownership will increase while public ownership will decrease.
Emami’s board approved a ₹282 crore equity-share buyback on Thursday, September 17.
The buyback will occur through the open market, so the final purchase price will not be fixed.
Emami set a maximum buyback price of ₹475 per share and plans to repurchase up to 59.36 lakh shares.
The company must use at least ₹211 crore, or 75% of the maximum buyback size, for repurchases.
If fully completed, the buyback would raise promoter ownership to 55.6% from 54.84%.
- Who
- Emami Limited’s board approved the plan.
- What
- The company approved an open-market buyback of equity shares worth up to ₹282 crore.
- When
- Thursday, September 17; the public announcement and timeline will be released later.
- Where
- The shares will be repurchased through the open market, following an exchange filing.
- Why
- To repurchase the company’s equity shares; the articles do not provide a further reason.
- Maximum buyback size
- ₹282 crore
- Maximum buyback price
- ₹475 per share
- Maximum shares
- 59.36 lakh shares
- Minimum amount to be used
- ₹211 crore, or 75% of the maximum buyback size
- Initial spending requirement
- ₹112.8 crore, or 40% of the maximum buyback size, within the first half of the offer opening
- Promoter ownership if fully completed
- 55.6%, up from 54.84%
- Public ownership if fully completed
- 44.4%, down from 45.16%