Description
Nectar Lifesciences Limited has fixed December 24, 2025 as the record date to determine shareholders eligible to participate in the buyback offer.
Summary
Nectar Lifesciences Limited (Scrip Code: 532649) has announced a buyback of equity shares and fixed the record date as December 24, 2025. The record date determines which shareholders are eligible to participate in the tender offer. The ex-entitlement date is also December 24, 2025 (Settlement No. DR-784/2025-2026).
Key Points
- Company: Nectar Lifesciences Limited (Scrip Code: 532649)
- Record Date: December 24, 2025
- Purpose: Determine entitlement and names of equity shareholders eligible for buyback participation
- Ex-Entitlement Date: December 24, 2025
- Settlement Number: DR-784/2025-2026
- Segment: Dematerialised Securities – Rolling Settlement
Regulatory Changes
No regulatory changes announced. This is a standard corporate action notification.
Compliance Requirements
- Trading members must note the record date and ex-entitlement date
- Only shareholders holding shares on the record date (December 24, 2025) will be eligible to participate in the buyback
- Shares will trade on ex-entitlement basis from December 24, 2025
Important Dates
- Notice Date: December 22, 2025
- Record Date: December 24, 2025
- Ex-Entitlement Date: December 24, 2025
- Settlement Number: DR-784/2025-2026
Impact Assessment
Market Impact: Medium - The buyback announcement may lead to increased trading activity in Nectar Lifesciences shares as investors assess participation eligibility. Shares will trade ex-entitlement from December 24, 2025.
Shareholder Impact: Medium - Only shareholders on record as of December 24, 2025 can participate in the buyback offer. Investors purchasing shares on or after the ex-entitlement date will not be eligible.
Operational Impact: Low - Standard corporate action processing for trading members and depositories.
Impact Justification
Buyback announcement affects only shareholders of Nectar Lifesciences Limited with specific record date for eligibility determination