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PVR INOX buyback record date sets Sept. 4, last buy day Sept. 3
The multiplex operator plans to repurchase up to 20.69 lakh shares at ₹1,450 each, with the buyback capped at ₹300 crore.
PVR INOX shares are likely to stay in focus on September 3, the last day investors can buy the stock to qualify for the company’s first share buyback. The company has set September 4, 2026 as the record date for determining eligible shareholders, meaning purchases must be made before that date.
PVR INOX received board approval for the buyback on August 31. The company plans to repurchase up to 20.69 lakh equity shares at ₹1,450 per share, with the overall buyback amount capped at ₹300 crore, payable in cash.
The repurchase will be conducted through a proportionate tender offer route using the stock exchange mechanism, open to all eligible shareholders under SEBI Buy-Back of Securities regulations. The board filing also notes the buyback committee may adjust the buyback price upward and reduce the number of shares repurchased, keeping the total ₹300 crore buyback size unchanged, with such changes allowed up to one working day before the record date.
According to LiveMint Markets, the buyback size represents about 4.1% of PVR INOX’s paid-up equity capital and free reserves based on its FY26 audited financial statements. Murlee Manohar Jain has been appointed as the compliance officer for the buyback, and DAM Capital Advisors will act as the manager, with the ₹300 crore excluding transaction-related expenses.