Man Infraconstruction Ltd
Please find enclosed herewith Board Resolution w.r.t. Buy-back of equity shares of the Company.
BUYBACK
▲ Positive Development
LOW RISK
📅 Filed on BSE: 02 Sep 2026, 02:37 PM IST · BSE ID: 0ced2b41-5eb1-4335-8653-25f300904e1f
View Original BSE Filing (PDF)
💡
In Simple Terms
The company's board decided to buy back some of its own shares from investors for up to Rs. 169.29 Crore.
🤖 AI Summary
- Board approves buyback of equity shares up to Rs. 169.29 Crore.
- Maximum buyback price set at Rs. 171 per equity share.
- Buyback executed from open market via stock exchange mechanism.
- Excludes shares held by promoters, promoter group, and controllers.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Maximum Buyback Size
Rs. 169,29,00,000/-
Maximum Buyback Price
Rs. 171/-
Face Value per Share
Rs. 2/-
🏢 How This Affects the Company
The buyback will reduce the company's cash reserves by up to Rs. 169.29 Crore. It may also impact key financial ratios such as earnings per share (EPS) by reducing the number of outstanding shares.
Executing a buyback can signal management's confidence in the company's valuation and its ability to generate sufficient cash flow. It also reduces the pool of publicly traded shares.
👥 What This Means For Shareholders
✅
Action Required
No action is required by shareholders. The buyback will be conducted on the open market.
👤
Who Is Affected
Shareholders, excluding promoters and persons acting in control, can choose to tender their shares for sale in the buyback.
🔍
Management Signal
The buyback signals management's belief that the company's shares are undervalued and aims to enhance EPS.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Announcement of buyback commencement date.
Number of shares repurchased during the buyback period.
Company's cash flow and debt levels post-buyback.
LOW RISK
Share buyback approval is a standard corporate action and does not introduce new inherent risks.
💡 Investor Takeaway
Man Infraconstruction's Board approved a Rs. 169.29 Crore share buyback at a maximum price of Rs. 171 per share, excluding promoter holdings.
⚖️ Strengths & Concerns
✅ Positives
- Approved buyback program valued at Rs. 169.29 Crore from open market.
- Maximum buyback price fixed at Rs. 171 per equity share.
❓ Frequently Asked Questions
What is the total amount approved for Man Infraconstruction's share buyback?
The Board of Directors has approved a buyback of equity shares for an aggregate amount not exceeding Rs. 169,29,00,000/-.
What is the maximum price Man Infraconstruction will pay per share in the buyback?
The company will buy back shares at a price not exceeding Rs. 171/- per equity share.
Who is excluded from Man Infraconstruction's share buyback program?
The buyback excludes shares held by the Promoters, the Promoter group, and Persons acting in control of the Company.
How will Man Infraconstruction conduct its share buyback?
The buyback will be executed from the open market through the stock exchange mechanism.
Questions based on this BSE filing only. For information purposes.