GHCL proposes ₹3 bn share buyback to boost shareholder returns

GHCL Limited is set to buy back up to 4,137,931 fully paid-up equity shares, representing 4.31% of its total paid-up equity capital, at a price of ₹725 per share. This tender offer amounts to a maximum aggregate of ₹3,00,00,00,000, excluding transaction costs, and is payable in cash. The buyback period is scheduled to open on Thursday, November 20, 2025, and close on Wednesday, November 26, 2025.

The record date for determining eligible shareholders for the buyback is Friday, November 14, 2025. The buyback price represents a premium of 20.32% and 21.13% over the volume-weighted average market price on the NSE and BSE, respectively, during the three months preceding October 29, 2025. Promoters and promoter group members have expressed their intention not to participate in the buyback.

The company's board approved the buyback on November 1, 2025, which aims to optimize shareholder returns and enhance the return on equity. The buyback size constitutes 8.73% and 8.71% of the aggregate total paid-up equity share capital and free reserves as per the latest audited standalone and consolidated financial statements as of March 31, 2025.