eClerx’s Board of Directors has approved a buyback of up to 666,666 fully paid-up equity shares at a price of ₹4,500 per share. The total buyback amount will not exceed ₹3,000 million. The record date for determining eligibility has been set as December 17, 2025, with the buyback opening on December 22, 2025 and closing on December 29, 2025.
Equity Share Buyback Details
The Board of Directors of eClerx has given the go-ahead for a buyback of the company’s equity shares. The buyback will involve a maximum of 666,666 fully paid-up equity shares with a face value of ₹10 each.
Financial Considerations
The buyback price is fixed at ₹4,500 per equity share, and the total amount earmarked for the buyback will not exceed ₹3,000 million. This amount excludes transaction costs, which include brokerage fees, taxes, stamp duty, advisor fees, and other related expenses.
Important Dates
Key dates related to the buyback include:
- Record Date: December 17, 2025
- Buyback Opening Date: December 22, 2025
- Buyback Closing Date: December 29, 2025
- Tender Form Receipt Deadline: December 29, 2025
- Settlement Date: January 2, 2026
- Extinguishment Date: January 13, 2026
Eligibility and Process
The record date will determine the equity shareholders eligible to participate in the buyback. All relevant documents will be delivered to eligible shareholders. The buyback is being managed according to the approved schedule.
Source: BSE