Description

BSE notice informing trading members that Garware Technical Fibres Limited has fixed a record date of May 20, 2026 for determining shareholder entitlement to participate in its equity buyback offer.

Summary

BSE Notice No. 20260512-43 informs trading members that Garware Technical Fibres Limited (BSE Code: 509557) has fixed May 20, 2026 as the record date for its equity share buyback offer. The record date will be used to determine the entitlement and names of equity shareholders eligible to participate in the buyback.

Key Points

  • Garware Technical Fibres Limited (BSE Code: 509557) has announced a buyback of equity shares via tender offer route
  • Record date fixed: May 20, 2026
  • Purpose: To determine entitlement and names of equity shareholders eligible to participate in the buyback offer
  • Settlement: Dematerialised Securities – Rolling Settlement Segment
  • Settlement Reference: DR-634/2026-2027
  • Ex-entitlement date: May 20, 2026

Regulatory Changes

No regulatory changes. This is a company-specific corporate action announcement in accordance with existing SEBI buyback regulations.

Compliance Requirements

  • Trading members of BSE are required to take note of the record date and ex-entitlement date
  • Members should inform eligible shareholders about the buyback participation window based on the record date

Important Dates

  • Notice Date: May 12, 2026
  • Record Date / Ex-Entitlement Date: May 20, 2026
  • Settlement No.: DR-634/2026-2027

Impact Assessment

This notice has a moderate impact limited to shareholders of Garware Technical Fibres Limited. Shareholders holding equity shares as of the record date (May 20, 2026) will be eligible to participate in the buyback tender offer. Trading members should ensure their clients are aware of the record date to take advantage of the buyback opportunity. No broader market impact is anticipated.

Impact Justification

Company-specific buyback notice affecting only shareholders of Garware Technical Fibres Limited; standard record date announcement with no market-wide implications.