Key Highlights
- PVR INOX completed the extinguishment of 20,68,965 equity shares under its buyback programme.
- The shares were bought back at a price of ₹1,450 per share.
- The buyback tendering period opened on September 10, 2026 and closed on September 17, 2026.
- All 20,68,965 extinguished shares were held in dematerialised form.
- No physical equity shares were extinguished under the buyback.
- PVR INOX issued equity shares declined from 9,81,99,962 to 9,61,30,997 shares.
- The company’s equity share capital declined from ₹98.20 crore to ₹96.13 crore.
- The Buyback Committee approved the extinguishment on September 25, 2026.
- The shares were extinguished on October 1, 2026.
- Promoters and persons acting in concert held a 27.60% stake after the buyback.
PVR INOX Limited has completed the extinguishment of 20,68,965 fully paid-up equity shares following its recently concluded share buyback programme. The company disclosed the development on October 5, 2026, in a filing with the stock exchanges.
The buyback tendering period opened on September 10, 2026, and closed on September 17, 2026. The buyback was undertaken pursuant to the Public Announcement dated September 1, 2026, the subsequent corrigendum and the Letter of Offer dated September 7, 2026.
PVR INOX Share Buyback and Extinguishment
According to the company, all 20,68,965 shares extinguished were held in dematerialised or electronic form. No physical equity shares were extinguished as part of the process.
The extinguishment was carried out in accordance with the Securities and Exchange Board of India (Buy-back of Securities) Regulations, 2018, and the Companies Act, 2013.
The certificate of extinguishment was dated October 5, 2026 and was issued by PVR INOX along with KFin Technologies Limited, the registrar to the buyback, and DPV & Associates LLP, the practising company secretary and secretarial auditor. NSDL had also confirmed the extinguishment of the shares in dematerialised form.
PVR INOX Share Capital After Buyback
Before the extinguishment, PVR INOX had 9,81,99,962 issued equity shares of ₹10 each, representing an equity share capital of ₹98,19,99,620.
Following the extinguishment of 20,68,965 shares, the company’s issued equity share capital declined to 9,61,30,997 equity shares. The corresponding equity share capital stood at ₹96,13,09,970.
The Buyback Committee had approved the extinguishment of the 20,68,965 equity shares at its meeting held on September 25, 2026.
Shares Extinguished at ₹1,450 Per Share
The certificate of extinguishment states that the buyback covered 20,68,965 equity shares of face value ₹10 each at a price of ₹1,450 per share. The shares were extinguished on October 1, 2026.
NSDL’s confirmation also recorded the debit of 20,68,965 PVR INOX equity shares from the dematerialised system on October 1, 2026.
Post-Buyback Shareholding
PVR INOX’s total equity shares declined from 9,81,99,962 before the buyback to 9,61,30,997 after the buyback.
The promoter and persons acting in concert held 2,65,31,866 shares after the buyback, representing 27.60% of the post-buyback equity share capital, compared with 27.53% before the buyback.
The combined category of foreign investors, Indian financial institutions, banks, mutual funds, government companies and the public accounted for 72.40% of the post-buyback equity share capital.
The extinguishment reduces PVR INOX’s outstanding equity share count by 20.69 lakh shares and marks the completion of the share extinguishment process related to the buyback.
