MAN Infraconstruction Buyback Opens on September 9 at ₹220 per Share
MAN Infraconstruction Limited has announced a share buyback through the Tender Offer route, giving eligible shareholders an opportunity to tender their shares back to the company at a fixed price.
The buyback opens on September 9, 2026, and closes on September 15, 2026.
Under the offer, MAN Infraconstruction plans to buy back up to 76,80,000 equity shares at ₹220 per share, for an aggregate amount not exceeding ₹169.20 crore.
Key Details of MAN Infraconstruction Buyback
| Particulars | Details |
|---|---|
| Company | MAN Infraconstruction Limited |
| Security Symbol | MANINFRA |
| Corporate Action | Buyback – Tender Offer |
| Buyback Price | ₹220 per equity share |
| Maximum Shares to be Bought Back | Up to 76,80,000 equity shares |
| Maximum Buyback Size | ₹169.20 crore |
| Buyback Opens | September 9, 2026 |
| Buyback Closes | September 15, 2026 |
| Last Date for Receipt of Tender Forms | September 15, 2026 |
| Buyback Broker | Nirmal Bang Securities Limited |
How Does the Buyback Work?
The buyback is being conducted through the stock exchange mechanism. Eligible shareholders who wish to participate can tender their MAN Infraconstruction shares during the buyback window through their registered stockbroker.
The buyback price is fixed at ₹220 per share. However, the number of shares ultimately accepted will depend on the shareholder's entitlement and the overall participation in the offer.
Important Dates
The tendering window will remain open from Wednesday, September 9, 2026 to Tuesday, September 15, 2026. Investors planning to participate should ensure their orders are placed within the prescribed buyback window.
What Should Investors Know?
A buyback allows a company to repurchase its shares from eligible existing shareholders. Since this is a Tender Offer, simply holding shares does not mean all shares tendered will necessarily be accepted. The final acceptance will depend on the applicable entitlement and acceptance ratio.
Investors should check their eligibility and entitlement before tendering shares and refer to the company's official buyback documents for complete terms and conditions.
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