Orbit Exports Limited announced that its Board of Directors, in a meeting held on July 7, 2026, approved a buyback of fully paid-up equity shares. The buyback will be conducted through the tender offer route at a price of ₹250 per equity share. The aggregate amount for the buyback will not exceed ₹27.60 crore (27,60,00,000), representing approximately 9.88% and 9.16% of the company's paid-up equity share capital and free reserves as of March 31, 2026. A maximum of 11,04,000 equity shares, constituting 4.16% of the total paid-up equity share capital, will be bought back. The company has fixed July 15, 2026, as the record date to determine eligibility for the buyback. Furthermore, the Board has appointed Mr. Omprakash Jat as the Company Secretary & Compliance Officer, effective July 7, 2026. Mr. Jat is an Associate Member of the Institute of Company Secretaries of India and brings over two years of experience in corporate laws, secretarial compliances, and corporate governance. Saffron Capital Advisors Private Limited has been appointed as the Manager to the Buyback. The Board has also constituted a Buyback Committee to oversee the process. Notably, the promoters and members of the Promoter Group have expressed their intention not to participate in the proposed buyback.
