Sarla Performance Fibers Limited (SARLAPOLY) — Board Meeting

1 Board Meeting 🟡 Notable Neutral 📄 PDF

Sarla Performance Fibers Limited announced a public buyback of up to 4 million equity shares at ₹110 per share, representing 4.79% of paid-up capital as of March 31, 2026, with an aggregate consideration of ₹44 crore. The buyback will be executed via a tender offer through BSE, with funds sourced from free reserves and subject to SEBI and Companies Act compliance. Promoters have declared non-participation, and the transaction must be completed within one year, with shares to be extinguished post-acceptance.

2 Board Meeting 🟡 Notable Neutral 📄 PDF

Sarla Performance Fibers Limited announced a buyback of up to 4 million shares at ₹110 per share, representing 4.79% of outstanding shares as of March 31, 2026, with an aggregate value of ₹44 crore. The tender offer will be executed through BSE on May 15, 2026, funded from free reserves and securities premium without borrowed funds. Promoters have opted out, and the buyback complies with SEBI regulations and Companies Act requirements, including a 15% reservation for small shareholders and post-buyback restrictions on further issuance.

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