Sarla Performance Fibers Announces ₹44 Cr Buyback

Sarla Performance Fibers has announced the public announcement for its buyback of up to 40,00,000 (Forty Lakh) fully paid-up equity shares, representing approximately 4.79% of the total paid-up equity share capital, at a price of ₹110 per equity share. The buyback, aggregating to ₹44,00,00,000 (Rupees Forty Four Crores), will be conducted on a proportionate basis through the tender offer route using the stock exchange mechanism. The Board of Directors approved the proposal at its meeting held on May 11, 2026.

Buyback Structure and Key Details

The offer is open to all equity shareholders holding shares as of the Record Date, Friday, May 15, 2026, excluding the Promoter and Promoter Group who have expressed their intention not to participate. The buyback size constitutes 8.28% and 9.49% of the aggregate of the total paid-up equity share capital and free reserves as per the latest audited standalone and consolidated financial statements as of March 31, 2026, respectively. The company has appointed Monarch Networth Capital Limited as the Manager to the Buyback and MUFG Intime India Private Limited as the Registrar.

The following table summarises the key parameters of the approved buyback:

Parameter: Details Number of Shares for Buyback: Up to 40,00,000 fully paid-up equity shares Buyback as % of Paid-up Capital: Up to 4.79% Buyback Offer Price: ₹110 per equity share Aggregate Buyback Size: Up to ₹44,00,00,000 (₹44 Crores) Buyback Size (Standalone): 8.28% of paid-up capital and free reserves Buyback Size (Consolidated): 9.49% of paid-up capital and free reserves Buyback Method: Tender Offer Route Record Date: May 15, 2026 Face Value per Share: ₹1 Promoter Participation: Excluded

Record Date and Corporate Governance

The company has fixed May 15, 2026, as the record date to determine shareholder entitlement. The Board or the Buyback Committee may, till one working day prior to the Record Date, increase the Buyback Offer Price and decrease the number of equity shares proposed to be bought back, provided there is no change in the Maximum Buyback Offer Size. Mr. Mustafa Yusuf Manasawala, Company Secretary & Compliance Officer, has been appointed as the Compliance Officer for the purpose of the buyback.

Sarla Performance Fibers Limited has announced the record date for determining shareholder eligibility for final dividend and Annual General Meeting voting rights for the financial year ended March 31, 2026. The company has communicated this decision to both BSE Limited and National Stock Exchange of India Limited in compliance with regulatory requirements.

Record Date Details

The Board of Directors has fixed Wednesday, July 22, 2026 as the record date for multiple purposes related to shareholder rights and benefits.

Parameter: Details Record Date: Wednesday, July 22, 2026 Annual General Meeting: Wednesday, July 29, 2026 Financial Year: Ended March 31, 2026

Purpose and Eligibility Criteria

The record date serves dual purposes for the company's shareholders:

Final Dividend Eligibility: Determining which members holding equity shares are eligible to receive the final dividend, if declared, for the financial year ended March 31, 2026

AGM Voting Rights: Establishing eligibility for e-voting at the Annual General Meeting

Regulatory Compliance

This intimation has been made pursuant to Section 91 of the Companies Act, 2013, read with Rule 10 of the Companies (Management and Administration) Rules, 2014, and Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification was signed by Mustafa Manasawala, Company Secretary & Compliance Officer, ensuring proper corporate governance protocols are followed.

Timeline for Shareholders

Shareholders must hold equity shares in their demat or physical form as of the record date to be eligible for the final dividend and AGM voting rights. The Annual General Meeting is scheduled for July 29, 2026, providing shareholders with adequate time between the record date and the meeting date for participation in corporate decisions.

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