Orbit Exports Ltd. Approves Share Buyback and Appoints New Compliance Officer

Orbit Exports Ltd. Approves Share Buyback and Appoints New Compliance Officer​

Orbit Exports Limited announced several key corporate decisions following its Board meeting held on July 7, 2026. The company approved a proposal for the buyback of its equity shares, while simultaneously appointing Mr. Omprakash Jat as the Company Secretary and Compliance Officer.

The Board reviewed and approved the plan to repurchase fully paid up equity shares from all shareholders through a tender offer route. The proposed Buyback Offer Price is fixed at ₹ 250/- per Equity Share, payable in cash.

Key Details of the Proposed Buyback​

The total aggregate amount for the buyback has been set not to exceed ₹ 27,60,00,000/-. Under the proposal, the company intends to acquire up to 11,04,000 Equity Shares through this process. The buyback size is designated as not exceeding 9.88% and 9.16% of the aggregate of the fully paid up equity share capital and free reserves based on the latest audited standalone and consolidated financial statements as at March 31, 2026.

The company has appointed Saffron Capital Advisors Private Limited as the Manager for the Buyback. Furthermore, the Board constituted a dedicated Buyback Committee to oversee the process. The Record Date for determining eligibility of shareholders is set for July 15, 2026.

Future Operational Flexibility​

The Board also provided latitude regarding the buyback terms. It was noted that the Board or the Buy Back Committee may increase the Buy Back Price and decrease the number of Equity Shares proposed to be bought back one working day prior to the Record Date, provided there is no change in the overall Buy Back Size. The company confirmed that the intention of the Promoters and members of the Promoter Group not to participate in the proposed buyback has been noted by the Board.

Shareholding Pattern as of June 30, 2026​

Prior to the buyback, Orbit Exports Limited had a total paid up equity share capital of 26,511,152 shares. The pre-buyback shareholding pattern is detailed below:


The post-buyback shareholding pattern of the company will be determined upon completion of the buyback.

Management Appointment​

During the board meeting on July 7, 2026, Mr. Omprakash Jat was appointed by the Board as the Company Secretary and Compliance Officer. The appointment was made based on the recommendation of the Nomination & Remuneration Committee.

Mr. Jat, who is an Associate Member of the Institute of Company Secretaries of India (ICSI), has over two years of experience across Corporate Laws, Secretarial Compliances, Corporate Governance, SEBI and Stock Exchange Compliances, Board and Committee Matters, Secretarial Audits, Due Diligence, and Corporate Actions.

ORBTEXP Stock Price Movement​

On Tuesday, shares of Orbit Exports Limited shed 1.62% to close at ₹226.71, trading down by ₹3.75 from the previous day's close. The stock saw a traded volume of 18,905 shares during the session.