Garware Technical Fibres Limited (GARFIBRES) — Buyback / Redemption | 16 June 2026

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📢 Key Event
Completion of buyback extinguishment of 16,17,500 shares at INR 680 per share.

🔄 What Changed
Share capital reduced by INR 1,61,75,000 after extinguishing 16,17,500 shares.

💡 Investor Takeaway
The buyback reduces share supply, potentially supporting the stock price.

Garware Technical Fibres Limited completed its buyback by extinguishing 16,17,500 fully paid-up equity shares at INR 680 per share, reducing its share capital from INR 99,26,58,450 to INR 97,64,83,450. The transaction closed on June 15, 2026, with all regulatory filings confirmed by depositories and auditors.

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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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