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Share Buybacks
Multiplex chain operator PVR Inox Ltd on Tuesday said its board of directors will meet on August 31 to consider a proposal to buy back the company's equity shares. The company has not shared any details on the number of shares or the price at which it will offer the buyback plan. "A meeting of the board of directors of the company is scheduled to be held on Monday, August 31, 2026, inter alia, to consider and approve a proposal for buyback of the equity shares of the company, having a face value of Rs 10 each, and matters incidental and ancillary thereto," PVR Inox said in a regulatory filing. The outcome of the board meeting will be communicated to the stock exchanges soon after its conclusion, the company said, in accordance with the SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015. PVR Inox shares touched a 52-week high of Rs 1,283 on August 25, 2026 and a low of Rs 900.05 was recorded on March 2, 2026. PVR Inox is India's largest multiplex chain, .
Bajaj Auto Ltd on Monday said its Rs 5,632.8-crore share buyback will start from July 1, 2026. The company is undertaking a buyback of up to 46.94 lakh fully paid-up equity shares of face value of Rs 10 each at a price of Rs 12,000 per share, payable in cash, for an aggregate amount of up to Rs 5,632.8 crore, Bajaj Auto said in a regulatory filing. The proposal was first passed by the company's board on May 6, 2026, and subsequently by shareholders by way of a special resolution through postal ballot notice on May 14, 2026, the results of which were announced on June 18, 2026. The opening date of the buyback will be July 1, 2026, and will close on July 7, 2026, the filing said. On the rationale of the buyback, Bajaj Auto said the growth of its business, robust cash generation and strong balance sheet position allow it "to reward its shareholders from time to time, as in the current instance, while retaining sufficient capital for growth and investment opportunities". "The buyback
Finance Minister Nirmala Sitharaman on Sunday said buyback proceeds for all types of shareholders will be taxed as capital gains. Presenting the Union Budget for 2026-27, Sitharaman also proposed to raise Securities Transaction Tax to 0.05 per cent on commodity futures from 0.02 per cent. She further said MAT (Minimum Alternate Tax ) will be made final tax and the rate will be reduced to 14 per cent from current 15 per cent. She also said the government has proposed a joint panel of Corporate Affairs Ministry and CBDT for incorporation of income computation and disclosure standards. National Destination Digital Knowledge Grid will be established to digitally document all places of significance, she added.