GHCL board approves share buyback worth up to ₹3bn

GHCL Limited announced on November 3, 2025, that its board of directors approved a buyback of up to 4,137,931 fully paid-up equity shares of ₹10/- each. The buyback price is set at ₹725/- per equity share, totaling an aggregate amount not exceeding INR 3,00,00,00,000/-. This represents approximately 4.32% of the company's paid-up equity capital as of March 31, 2025, and falls within the statutory limit of 25% of its equity capital and free reserves.

The buyback will be conducted through a tender offer process on a proportionate basis, as per SEBI Buyback Regulations, 2018. The record date for determining eligible shareholders for the buyback is Friday, November 14, 2025. Promoters and members of the promoter group will not participate in the buyback.

The company confirmed that the buyback will be financed from its securities premium account, free reserves, and/or other legally permissible sources. The board has affirmed that following the buyback, there will be no grounds for the company to be considered unable to pay its debts for the year immediately following the board meeting.