Sarla Performance Fibers Ltd Extinguishes 40 Lakh Equity Shares Following Successful Buyback Tender Offer
Sarla Performance Fibers Limited announced the extinguishment of 40,00,000 fully paid-up equity shares following a successful buyback tender offer. The action reflects a material change in the company’s capital structure, reducing the issued and subscribed capital base as of June 9, 2026.The company completed the extinguishment of these shares, which were held in dematerialized form, reporting that all transactions complied with regulations governing share buybacks. The details surrounding the shares bought back include:
- Shares Extinguished: 40,00,000 Equity Shares
- Face Value per Share: ₹1/-
- Aggregate Amount (Not Exceeding): ₹44,00,00,000/-
Capital Structure Reconciliation
The company provided a detailed reconciliation of its share capital before and after the buyback. The process resulted in a reduction of 40 lakh shares from the outstanding capital base.| Particulars | Pre-extinguishment Shares (A) | Post-extinguishment Shares (B) |
|---|---|---|
| Issued, Subscribed and Fully Paid-up Share Capital | 8,35,03,000 Equity Shares | 7,95,03,000 Equity Shares |
| Face Value per Share | ₹1/- | ₹1/- |
Impact on Shareholding Pattern
The buyback resulted in shifts across various shareholder categories. The post-buyback figures illustrate the change in distribution among Promoters and Foreign Investors (OCBs/FIIs/NRIs/Non-residents/Non-domestic companies).A summary of the Pre-Buyback and Post-Buyback shareholding pattern is presented below:
| Shareholder Category | Pre-Buyback Shares | Pre-Buyback % | Post-Buyback Shares | Post-Buyback % |
|---|---|---|---|---|
| Promoters and people acting in concert | 4,76,87,207 | 57.11% | 4,76,87,207 | 59.98% |
| Foreign Investors (OCBs/FIIs/NRIs) | 21,01,212 | 2.52% | 3,18,15,793 | 40.02% |
| Indian Financial Institutions/ Banks/Mutual Funds/ Govt. Companies | 14,51,263 | 1.74% | 3,18,15,793 | 40.02% |
| Public including other Bodies Corporate | 3,22,63,318 | 38.64% | 3,18,15,793 | 40.02% |
| Total | 8,35,03,000 | 100.00% | 7,95,03,000 | 100.00% |
SARLAPOLY Stock Price Movement
Sarla Performance Fibers Limited shares closed higher today, rising by 0.72% after trading at ₹100.46. The company saw a volume of 62,113 shares traded during the day.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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