Jyothy Labs approved a Rs 147 crore tender-offer buyback of up to 68.37 lakh shares at Rs 215 each, 1.86% of paid-up equity.
Company news · Finvezto · 4 Nov 2026 · Jyothy Labs (JYOTHYLAB)
What happened
Jyothy Labs approved a Rs 147 crore tender-offer buyback of up to 68.37 lakh shares at Rs 215 each, 1.86% of paid-up equity. Source: Stock note
Why it matters
Anand Ganapathy K: Promoters will not tender and the record date is 11 November. Q2 profit fell 88% to Rs 10.6 crore. Source: Stock note
Links
Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.