eClerx Services Hikes Buyback Price to ₹4,800, Offers 7% Premium

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CNBC TV18•17-12-2025, 07:37
eClerx Services Hikes Buyback Price to ₹4,800, Offers 7% Premium
- •eClerx Services increased its share buyback price to ₹4,800 per share, up from ₹4,500.
- •The revised price offers a 7% premium over Tuesday's closing levels.
- •The number of shares to be repurchased has been reduced to 625,000, representing 1.31% of equity.
- •Promoters will not participate in the buyback, and the record date is December 17.
- •Shares closed 3.66% lower at ₹4,480 on Tuesday, but are up 29% in 2025.
Why It Matters: eClerx Services revises buyback price higher, offering shareholders a 7% premium.
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