Sarla Performance Fibers Merger & Restructuring Worth ₹44 Cr
Sarla Performance Fibers completed the buyback of 40,00,000 equity shares at ₹110 per share. The total transaction value reached ₹44 Crore via the tender offer route.
- Value
- ₹44.00 Cr
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Sarla Performance Fibers completed the buyback of 40,00,000 equity shares at ₹110 per share. The total transaction value reached ₹44 Crore via the tender offer route.
Sarla Performance Fibers Ltd announced a ₹44 Crore share buyback at ₹110 per share. The tender offer runs from May 21 to May 27, 2026.
Sarla Performance Fibers approved a ₹44 Crore share buyback at ₹110 per share. The tender offer represents 4.79% of paid-up equity capital.
Sarla Performance Fibers Limited has scheduled a board meeting on May 11, 2026, to consider a proposal for a buyback of its fully paid-up equity shares. Trading window for designated persons has been closed from April 01, 2026.
Sarla Performance Fibers Ltd is divesting its investment in US subsidiary Sarlaflex Inc. following a suspension of operations since 2017. The company recognized a ₹77.13 Crore non-cash loss, aiming to strengthen its balance sheet and improve ROCE by removing non-productive assets.