Ongoing Buybacks – April 2026

What is a Buyback?

A buyback is when a company purchases its own shares from existing shareholders.

In simple terms, the company uses its own money to buy shares from the market. This reduces the total number of shares available, which can increase the value of the remaining shares and shows that the company believes its stock is undervalued.

Ongoing Buybacks in April 2026

How does a buyback benefit investors?

If the buyback price is higher than the current market price:

• Investors can sell shares at a premium
• It provides an opportunity to earn additional returns

For example:
If a stock is trading at ₹200 and the buyback is offered at ₹260, investors can potentially gain ₹60 per share, subject to acceptance.

Important points to remember

• You can apply for the buyback only till 1:00 PM on the last day
• Orders are sent to the exchange on the closing day
• Shares must be held in demat form till completion
• Charges: ₹20 + GST per order
• Once applied, shares cannot be sold in the market
• Order window opens one day before closing at 6:01 PM
• Pledged shares and T1 holdings are not eligible

Final takeaway

Buybacks are generally seen as a positive signal, reflecting management’s confidence in the business. They may offer investors an opportunity to exit at a premium or continue holding and benefit from improved financial metrics like EPS.