Description

Matrimony.com Limited announces buyback of up to 8,93,129 equity shares at ₹655 per share for an aggregate amount not exceeding ₹5,850 lakhs through tender offer route on proportionate basis.

Summary

Matrimony.com Limited has announced a buyback of up to 8,93,129 fully paid-up equity shares of face value ₹5 each, representing 4.14% of the total paid-up equity share capital as on March 31, 2025. The buyback will be conducted through the tender offer route at ₹655 per equity share, for an aggregate amount not exceeding ₹5,850 lakhs (excluding transaction costs). The offer is open to all equity shareholders/beneficial owners as on the record date of January 30, 2026, on a proportionate basis. Shares are divided into two categories: Reserved Category for Small Shareholders and General Category for all other eligible shareholders.

Key Points

  • Buyback of up to 8,93,129 equity shares at ₹655 per share
  • Total buyback size: ₹5,850 lakhs (excluding transaction costs)
  • Represents 4.14% of total paid-up equity share capital as on March 31, 2025
  • Buyback method: Tender offer route on proportionate basis
  • Face value of equity shares: ₹5 each
  • Two categories: Reserved Category for Small Shareholders and General Category
  • Buyback size represents 24.68% of standalone and 24.81% of consolidated paid-up equity capital and free reserves as per March 31, 2025 audited financials
  • Manager to Buyback: Saffron Capital Advisors Private Limited
  • Registrar to Buyback: KFin Technologies Limited

Regulatory Changes

No regulatory changes announced. This is a corporate action circular regarding a buyback offer.

Compliance Requirements

  • Buyback conducted in accordance with Article 16 of Articles of Association
  • Complies with Sections 68, 69, 70, 110 and other applicable provisions of Companies Act, 2013
  • Follows Companies (Share Capital and Debentures) Rules, 2014
  • Adheres to SEBI (Buy-Back of Securities) Regulations, 2018 as amended
  • Complies with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Subject to approvals from SEBI, NSE, BSE, Registrar of Companies, RBI and other statutory/regulatory authorities as required

Important Dates

  • Record Date: January 30, 2026
  • Financial statements reference date: March 31, 2025

Impact Assessment

Shareholder Impact: Eligible shareholders as on record date can participate in the buyback on proportionate basis. Small shareholders have reserved category allocation. At ₹655 per share, shareholders tendering shares will receive this price in cash.

Capital Structure Impact: Up to 4.14% of equity shares will be extinguished, reducing the equity base and potentially improving earnings per share for remaining shareholders.

Financial Impact: Company deploying ₹5,850 lakhs (approximately ₹58.5 crores) for buyback, representing about one-quarter of its paid-up capital and free reserves, which will reduce cash reserves but optimize capital structure.

Market Impact: Buyback at ₹655 per share provides price support and return of capital to shareholders. The proportionate tender offer ensures fair treatment across all shareholder categories.

Impact Justification

Buyback represents 4.14% of paid-up equity capital at 24.68-24.81% of aggregate paid-up capital and free reserves. Material corporate action for existing shareholders with proportionate tender offer mechanism.