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Onward Technologies to repurchase Rs 180 crore shares at 20 premium without promoter participation
Business
Published on 12 May 2026
Promoters stay out even as buyback begins
Onward Technologies has approved a Rs 180 crore share buyback, repurchasing nearly 5.49 lakh shares at Rs 328 each, a 20% premium. This is the company’s first-ever buyback, with May 18 set as the record date. Promoters will not participate, and Centrum Broking has been appointed as the buyback manager.
- Rs 180 crore buyback approved at Rs 328 per share
- Buyback size: nearly 5.49 lakh shares
- 20% premium over prevailing share price
- Promoters will not participate; record date May 18
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times