FilingReader Intelligence

Fairchem Organics to buy back shares at ₹800 each

November 20, 2025 at 10:09 AM UTCBy FilingReader AI

Fairchem Organics Limited announced on November 20, 2025, that its board approved a buyback of up to 425,000 equity shares with a face value of ₹10 each, totaling up to ₹3,400 lakhs. The buyback price is set at ₹800 per equity share, payable in cash. This represents 16.00% of the aggregate paid-up equity share capital and free reserves as of March 31, 2025. The buyback, conducted via a tender offer, will reserve 15% of the shares for small shareholders.

The buyback proposal, representing 3.26% of the total existing paid-up equity share capital, is subject to shareholder approval through a postal ballot. The promoters and promoter group, holding 61.19% of the shares as of November 14, 2025, have indicated they will not participate in the buyback.

The company has appointed Motilal Oswal Investment Advisors Limited as the manager for the buyback, and Mr. Umesh Parikh (or Mr. Uday Dave) as the scrutinizer for the postal ballot process. A committee has been constituted to oversee the buyback.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:FAIRCHEMORBombay Stock Exchange

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