Description
ECLERX SERVICES LIMITED has fixed December 17, 2025 as the record date to determine shareholders eligible to participate in the buyback offer.
Summary
ECLERX SERVICES LIMITED has announced a buyback of equity shares through a tender offer. The company has set December 17, 2025 as the record date to determine the entitlement and names of shareholders eligible to participate in the buyback offer. The ex-entitlement date is also December 17, 2025 (Settlement No. DR-779/2025-2026).
Key Points
- Company: ECLERX SERVICES LIMITED (Scrip Code: 532927/132927)
- Record Date: December 17, 2025
- Ex-Entitlement Date: December 17, 2025
- Settlement Number: DR-779/2025-2026
- Segment: Equity - Dematerialised Securities (Rolling Settlement)
- Purpose: Determine shareholders eligible to participate in buyback offer
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members of the exchange are required to take note of the record date and ex-entitlement basis
- Only shareholders holding equity shares as of the record date (December 17, 2025) will be eligible to participate in the buyback offer
- Shares will trade on ex-entitlement basis from December 17, 2025
Important Dates
- December 12, 2025: Circular announcement date
- December 17, 2025: Record date for determining eligible shareholders
- December 17, 2025: Ex-entitlement basis effective date
- Settlement No.: DR-779/2025-2026
Impact Assessment
Market Impact: Medium - The buyback announcement typically has a positive impact on stock price as it indicates management confidence and provides an exit opportunity to shareholders at potentially premium prices. Trading will be on ex-entitlement basis from December 17, 2025.
Shareholder Impact: Shareholders must hold shares by December 16, 2025 (T-1 date) to be eligible to participate in the buyback offer. Those purchasing shares on or after December 17, 2025 will not be eligible for the buyback.
Operational Impact: Trading members need to ensure proper marking of ex-entitlement trading and inform their clients about eligibility criteria for participating in the buyback offer.
Impact Justification
Buyback announcement affects shareholders of ECLERX SERVICES LIMITED who must hold shares by record date to participate. Medium impact limited to company's shareholders.