INVESTMENT ZONE
Revolutionize Your Journey
Connecting to live market feeds...
Revolutionize Your Journey
Connecting to live market feeds...
Maximize your returns with current corporate buybacks. Track CMP, premium potential, and important dates for leading companies.
Estimated Profit
₹0.00
Tax (Est.)
₹0.00
Consider the 15% Retail Quota when calculating your acceptance ratio. Small shareholders (investment value up to ₹2 Lakh) often have higher chances of acceptance.
Type: Open Market | CMP: ₹368.9 | Buyback Price: ₹475
Emami's Board, on 17 September 2026, approved a buy-back of up to ₹282 crore of its ₹1 face value equity shares at a maximum price of ₹475 per share, indicatively 59,36,842 shares or 1.36% of paid-up capital, to be purchased in cash from public shareholders through the open market under SEBI's Buy-Back Regulations, 2018, with promoters excluded. At least 75% of the amount (₹211.50 crore) must be used, and 40% within the first half of the offer period. The size is within the 10% of capital and free reserves that permits board approval without a shareholder vote. A Buy-back Committee has been constituted, the public announcement will follow, and promoter holding would rise from 54.84% to 55.60%.
Note the buyback opening and closing dates from the company's announcement (no record date applies).
Check the maximum buyback price — the company can only buy at or below it.
Hold the shares in your demat account; no entitlement or reserved quota exists.
Simply sell on the exchange (BSE/NSE) during the buyback window, like any normal sale.
Track the company's daily buyback disclosures to see how much is being bought and at what prices.
Settlement is the regular T+1, credited to your bank like any market sale.
A company uses its surplus cash to repurchase its own shares from existing shareholders. This reduces the number of outstanding shares, can increase earnings per share (EPS), support the stock price, and return capital to investors. In India, buybacks are governed by the SEBI (Buy-Back of Securities) Regulations, 2018 (as amended) and the Companies Act, 2013.
This is the most common and transparent route.
Advantages: Price certainty, equal opportunity for all shareholders, retail-friendly, clear and short timeline.
(Stock Exchange Route)
The company buys its own shares directly from the stock exchange at prevailing market prices (no fixed premium).
Current Status (as of August 2026):
SEBI had fully discontinued the stock-exchange route from 1 April 2025. It was re-introduced with effect from 1 August 2026 under tighter conditions.
Key rules under the new framework:
| Parameter | Tender Offer | Open Market (Stock Exchange) |
|---|---|---|
| Price | Fixed (usually at a premium) | Prevailing market price (no guarantee) |
| Duration | Usually 10 working days | Up to 66 working days |
| How shareholders participate | Actively tender shares via broker | Sell on the exchange like normal trades |
| Retail benefit | High (15% reserved quota) | None / limited |
| Promoter participation | Allowed | Not allowed |
| Transparency & certainty | Very high | Medium |
| Size limit | Can be larger (subject to overall 25% annual limit) | Capped at <15% of capital + free reserves |
| Best suited for | Retail investors seeking premium & certainty | Companies wanting flexibility & gradual price support |
Tender Offer is generally preferred because of the fixed premium and higher acceptance chance due to the retail quota. Open market buybacks mainly benefit the company by providing flexible capital return and gradual price support, but give no special advantage or price certainty to individual shareholders.
Important Tax Note: From October 2024, buyback proceeds are taxed as capital gains in the hands of shareholders (similar to selling shares in the open market).
No videos available at the moment. (Please check if videos have status=true and type=buyback in Supabase)
Exit your positions at a price significantly higher than the current market value.
Companies pay buyback tax, making the proceeds completely tax-free for individual investors.
Buybacks often signal that the company management believes the stock is undervalued.