Orient Cement Buyback Opens on June 23 Through Tender Offer Route

As per the recent notification issued by the Bombay Stock Exchange (BSE), Orient Cement Ltd. has announced the opening of its Buyback of Equity Shares through the Tender Offer route. The acquisition window will remain open from 23 June 2026 to 30 June 2026, enabling eligible shareholders to tender their shares under the buyback offer.

Key Highlights

• Company: Orient Cement Ltd.
• Corporate Action: Buyback of Equity Shares
• Mode: Tender Offer
• Exchange: BSE
• Record Date: 17 June 2026
• Buyback Opens: 23 June 2026
• Buyback Closes: 30 June 2026 (excluding SEBI holiday on 26 June 2026)
• Buyback Price: ₹1,125 per equity share
• Buyback Size: Up to 64,00,000 equity shares
• Maximum Buyback Amount: Up to ₹720 crore (excluding transaction costs and applicable taxes)
• Department: Listing Business Relationship

Our View

The opening of the acquisition window marks the commencement of the tendering process for eligible shareholders. Investors whose names appeared in the Register of Members/Beneficial Owners as on the Record Date (17 June 2026) can participate in the buyback, subject to the terms and conditions outlined in the Letter of Offer.

With a buyback price of ₹1,125 per share and a total consideration of up to ₹720 crore, shareholders should carefully review the Letter of Offer, including the entitlement ratio, acceptance ratio, and tendering procedure, before making any investment decision.

Next Steps

We recommend that you:

Review your holdings in Orient Cement Ltd.
Confirm your eligibility based on the Record Date (17 June 2026).
Read the Letter of Offer and Addendum to the Letter of Offer for complete details.
 

Contact your relationship manager to understand the tendering process, expected acceptance ratio, and important timelines before participating in the buyback.