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Jyothy Labs Plans ₹147 Crore Buyback of 68.37 Lakh Shares at ₹215 Per Share

The buyback was approved by the board on November 4, 2026, and publicly announced on November 5, 2026.

Jyothy Labs Limited has announced a buyback of up to 68,37,210 equity shares at ₹215 per share, totaling a maximum buyback size of ₹147.00 crore. The buyback will be conducted via the tender offer route and complies with SEBI Buyback Regulations and the Companies Act 2013. The public announcement was made on November 5, 2026, and the process follows the board's approval on November 4, 2026.

16 hours ago|JYOTHYLAB+0.00%
Jyothy Labs LimitedJYOTHYLABCorporate Action

Jyothy Labs Limited

Corporate Action

Jyothy Labs Limited announced a buyback offer of up to 68,37,210 equity shares at ₹215 each, not exceeding ₹147.00 crore, via a tender offer route as per regulatory provisions.

The buyback offer was approved during the board meeting on November 4, 2026.

Public announcement of the buyback was made on November 5, 2026, and published on November 6, 2026 in Financial Express (English), Jansatta (Hindi), and Navshakti (Marathi).

The buyback is conducted in compliance with Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018 and the Companies Act 2013.

Details of the buyback including public announcement, manager and registrar information are available on respective websites of Jyothy Labs, Ernst & Young Merchant Banking Services LLP, MUFG Registry and SEBI, as well as on NSE and BSE websites.

Highlights

  • Buyback of up to 68,37,210 equity shares at ₹215 per share.
  • Total maximum buyback size capped at ₹147,00,00,150.
  • Buyback approved on November 4, 2026.
  • Public announcement dated November 5, 2026; published November 6, 2026.
  • Buyback via tender offer route adhering to SEBI Buyback Regulations and Companies Act 2013.

Key Data Snapshot

Number of equity shares to be bought back68,37,210 Equity Shares
Face value per equity share₹1
Buyback price per equity share₹215
Maximum buyback offer size₹147,00,00,150
Board approval dateNovember 4, 2026
Public announcement dateNovember 5, 2026
Publication date of announcementNovember 6, 2026

What happened

  • Jyothy Labs announced a buyback of up to 68,37,210 equity shares at ₹215 each.
  • The total amount for buyback will not exceed ₹147 crore.
  • The buyback will be conducted through the tender offer route.
  • The board approved the buyback on November 4, 2026, and the public announcement was made on November 5, 2026.

Regulatory and governance context

  • The buyback is made pursuant to SEBI (Buy-Back of Securities) Regulations, 2018 and the Companies Act 2013.
  • The public announcement was published in multiple language newspapers including Financial Express, Jansatta, and Navshakti, complying with applicable disclosure norms.
  • Information is available on the company’s website and those of the manager, registrar, SEBI, NSE, and BSE.

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Jyothy Labs Plans ₹147 Crore Buyback of 68.37 Lakh | Stockk News