Corrigendum issued to buyback public announcement; ICICI Securities named Manager to the Buyback

A corrigendum to the buyback public announcement has been published.

Thu 1 Oct 2026

Buyback Shares

up to 1,562,500 equity shares

Face Value

INR 2/- per share

Buyback Price

INR 960/- per share

Total Amount

up to INR 1,500,000,000

Route

proportionate basis via tender offer

What was shared

The company submitted a corrigendum to its Public Announcement for the proposed buyback. The original Public Announcement was dated September 29, 2026 and published on September 30, 2026; the corrigendum was published on October 1, 2026.

Buyback terms as stated

• Up to 1,562,500 fully paid-up equity shares
• Face value INR 2/- per equity share
• Buyback price INR 960/- per equity share, payable in cash
• Aggregate amount not exceeding INR 1,500,000,000 (Indian Rupees One Hundred and Fifty Crore only)
• Route: proportionate basis through the tender offer route, under Regulation 7 of the SEBI (Buy-Back of Securities) Regulations, 2018

What the corrigendum changes

• The paragraph on where the Public Announcement can be accessed is modified and replaced, pointing to the company's website, ICICI Securities' website, the Registrar's website, the website of SEBI, and the websites of NSE and BSE.
• The term "Advisor" throughout the Public Announcement is replaced by "Manager" to the Buyback.
• The heading is modified to read "19. MANAGER TO THE BUYBACK", naming ICICI Securities Limited as Manager to the Buyback.
• The paragraph relating to shareholders who intend to participate is modified and replaced, covering how eligible shareholders should consult their respective Seller Member on taxes, charges and expenses such as brokerage, and stating that such costs are to be borne by the Eligible Shareholders.

Where it was published

The corrigendum appeared in Financial Express (English, all editions), Jansatta (Hindi, all editions) and Nava Telangana (Telugu, Hyderabad) — the same newspapers in which the Public Announcement was published.

How to read this

This is a clarificatory and corrective notice to the earlier public announcement. The size, price and structure of the buyback as stated remain the same; the changes relate to terminology, the identification of the Manager to the Buyback, access to the announcement, and cost responsibility for tendering shareholders.

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