Fairchem Organics Approves Share Buyback at 15% Premium

Fairchem Organics is buying back some of its own shares from shareholders at a 15% higher price than the current value.

This is to reduce the number of shares available, which can make the remaining shares more valuable.

The company's board has agreed to this plan, and the details will be announced later.

The promoters' share in the company will increase after this buyback.