Sarla Performance Fibers Limited (SARLAPOLY) — Buyback / Redemption | 13 May 2026 (2 announcements)

Sarla Performance Fibers Limited announced a buyback of up to 4 million shares at ₹110 per share, totaling ₹44 crore, representing 4.79% of outstanding shares as of March 31, 2026. The tender offer will commence on May 15, 2026, with a record date of May 15, 2026, and will reserve 15% of shares for small shareholders. Funding will come from free reserves and securities premium, excluding borrowed funds. The buyback complies with SEBI regulations and Companies Act, with no promoter participation. Shares will be settled through BSE's acquisition window, and accepted shares will be extinguished. The Board-approved resolution empowers a Buyback Committee to manage the process, with Mr. Mustafa Yusuf Manasawala as Compliance Officer. The buyback is valid for one year from May 11, 2026, and no new share issuances will occur until completion.

Sarla Performance Fibers Limited announced a buyback of up to 4 million shares at ₹110 per share, totaling ₹44 crores, representing 4.79% of paid-up capital. The offer reserves 15% or small shareholder entitlement, whichever is higher, for eligible shareholders excluding promoters. Record date is May 15, 2026. The buyback will be conducted via tender offer through a newly formed committee, with Monarch Networth Capital as manager and the Company Secretary as compliance officer.