Mumbai, Nov. 24 -- Fairchem Organics announced at the fag end of the trading session on Thursday, 20 November 2025, that its board had approved a buyback of up to 4,25,000 equity shares through the tender route for a total outlay of up to Rs 34 crore.
The stock had inched up 0.47% on the day of the announcement, but sentiment reversed sharply the next morning, driving the shares down 4.15%. The weakness persisted today, with the stock trading 1.45% lower at Rs 662.
The buyback will be executed at a fixed price of Rs 800 per share, representing up to 3.26% of the company's outstanding equity capital. Fairchem said the buyback size equals 16% of its paid-up capital and free reserves based on the March 2025 audited financials. Small shareh...
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