Jyothy Labs Limited has issued an addendum to its public announcement regarding the buyback of equity shares. The buyback price has been revised upwards from ₹215 to ₹240 per equity share. Consequently, the maximum number of equity shares proposed for buyback has been reduced from 68,37,210 to 61,25,000 shares, representing up to 1.67% of the paid-up equity share capital as of March 31, 2026.
Jyothy Labs Updates Share Buyback Terms
Jyothy Labs Limited has officially published an addendum to its earlier Public Announcement concerning the buyback of its fully paid-up equity shares. This addendum, effective November 10, 2026, details a revised buyback price and a revised number of shares to be repurchased.
Revised Buyback Price and Quantity
The company has increased the buyback price from the previously announced ₹215 (Indian Rupees Two Hundred and Fifteen only) per equity share to ₹240 (Indian Rupees Two Hundred and Forty only) per equity share. In conjunction with this price increase, the total number of equity shares proposed to be bought back has been reduced. The maximum number of shares is now set at 61,25,000 (Sixty-One Lakhs Twenty-Five Thousand) fully paid-up equity shares. This represents an adjustment from the initial proposal of 68,37,210 shares and constitutes up to 1.67% of the Company’s total paid-up equity share capital as of March 31, 2026.
Newspaper Publications
The addendum to the Public Announcement has been published in the following newspapers on November 10, 2026:
- Financial Express (English, All Editions)
- Jansatta (Hindi, All Editions)
- Navshakti (Marathi, Mumbai Editions)
*The Marathi edition is also published as Marathi is the regional language where the company’s registered office is situated.
Information Availability
Details regarding this buyback will be made available on the company’s website at https://www.jyothylabs.com/. Further information can also be accessed through the Manager to the Buyback, Ernst & Young Merchant Banking Services LLP (https://www.ey.com/en/services/strategy-transactions/merchant-banking-services), and the Registrar to the Buyback (https://in.mpms.mufg.com/). Additionally, the information is expected to be published on the websites of SEBI (www.sebi.gov.in) and the respective stock exchanges, NSE India (www.nseindia.com) and BSE India (www.bseindia.com), throughout the buyback period.
Source: BSE
