Garware Technical Fibres Limited (GARFIBRES) — Buyback / Redemption

· NSE 🟡 Notable Neutral
📢 Key Event
Post-buyback public announcement published in newspapers on June 10, 2026
🔄 What Changed
Buyback of up to 16,17,500 shares at INR 680 per share completed via tender offer
💡 Investor Takeaway
The company has completed the buyback tender offer within the authorized limit and price, reducing outstanding shares and returning capital to shareholders.

Garware Technical Fibres announced a post-buyback public announcement dated June 10, 2026, confirming the tender offer to repurchase up to 16,17,500 fully paid-up equity shares of INR 10 each at INR 680 per share through a tender process, as mandated under SEBI (Buy-back) Regulations, 2018 and the Companies Act, 2013, following the submission of the Letter of Offer on May 22, 2026, and the publication of the announcement in Daily Business Standard (English and Hindi editions) and Daily Prabhat (Marathi edition, Pune), with enclosed copies submitted for record.

📄 View Original Announcement (PDF)

About Garware Technical Fibres Limited (GARFIBRES)

Textiles · Textiles & Apparels · Listed on NSE

Market Cap: ₹6,238.36 Cr P/E: 27.1

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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