News ArticleAutomobile Corporation of Goa Announces Buyback of 1,44,639 Equity Shares via Tender Offer
Letter of Offer dispatched and buyback advertisement published across multiple languages to inform shareholders about schedule and entitlements
Automobile Corporation of Goa Limited announces a buyback offer of up to 1,44,639 fully paid-up equity shares of face value INR 10 each, conducted on a proportionate basis through the tender offer route under SEBI regulations. The company has dispatched the Letter of Offer and published related advertisements in English, Hindi, and Marathi newspapers to inform shareholders about the buyback schedule and entitlements.
Automobile Corporation of Goa Limited
Corporate Action
Automobile Corporation of Goa Limited has initiated a buyback of up to 1,44,639 fully paid-up equity shares of face value INR 10 each through the tender offer route as per SEBI Buyback Regulations. The company has dispatched the Letter of Offer to shareholders and published a detailed advertisement about the buyback process and schedule.
The buyback is conducted on a proportionate basis through a tender offer route under the provisions of the SEBI Buyback Regulations, 2018, as amended.
The Letter of Offer related to the buyback has been dispatched to shareholders, and an advertisement outlining the dispatch, brief schedule of activities, and buyback entitlement was published on October 31, 2026, in the Financial Express (English), Jansatta (Hindi), and Nav Prabha (Marathi) newspapers.
Marathi was chosen as a regional language for advertisement since the company's registered office is located in Goa where Marathi is the regional language.
The advertisement and Letter of Offer are also available on the company’s official website www.acglgoa.com for shareholder reference.
This buyback involves the offering shareholders the opportunity to tender their shares back to the company, and the schedule of related activities and terms has been shared publicly as part of regulatory compliance.
Highlights
- Buyback of up to 1,44,639 fully paid equity shares of face value INR 10 each.
- Buyback executed on a proportionate basis via tender offer route.
- Letter of Offer dispatched to shareholders.
- Advertisement published on October 31, 2026, in Financial Express, Jansatta, and Nav Prabha newspapers.
- Details also available on company's website www.acglgoa.com.
- Buyback regulated under SEBI (Buyback of Securities) Regulations, 2018, as amended.
Key Data Snapshot
What happened
- Automobile Corporation of Goa Limited initiated a buyback of up to 1,44,639 fully paid-up equity shares through the tender offer route.
- The buyback follows the SEBI Buyback Regulations, 2018, as amended, and is conducted on a proportionate basis.
- The Letter of Offer concerning the buyback has been dispatched to shareholders.
- An advertisement containing details about the buyback dispatch, schedule, and entitlements was published on October 31, 2026, in multiple newspapers across languages.
- The Marathi-language advertisement was published considering Goa as the company's registered office location where Marathi is the regional language.
Key details
- The buyback involves shares of face value INR 10 each.
- Newspapers involved for advertising include Financial Express (English), Jansatta (Hindi), and Nav Prabha (Marathi).
- The company website www.acglgoa.com provides access to the Letter of Offer and buyback advertisement.
- The tender offer is a proportionate buyback, allowing shareholders to tender shares based on their entitlement.
- Shareholders are advised to refer to the Letter of Offer for detailed terms, conditions, and schedule of the buyback process.
Regulatory and governance context
- The buyback complies with the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018, as amended.
- All capitalized terms in the announcement relate to terms defined in the Letter of Offer as per regulatory guidelines.
- Publication of advertisements and dispatch of the Letter of Offer fulfill the company's obligations toward transparency and disclosure under SEBI regulations.
Highlights
- Buyback of up to 1,44,639 fully paid equity shares of face value INR 10 each.
- Buyback executed on a proportionate basis via tender offer route.
- Letter of Offer dispatched to shareholders.
- Advertisement published on October 31, 2026, in Financial Express, Jansatta, and Nav Prabha newspapers.
- Details also available on company's website www.acglgoa.com.
- Buyback regulated under SEBI (Buyback of Securities) Regulations, 2018, as amended.
Disclosures
- Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018, as amended
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