eClerx Services Hikes Buyback Price to ₹4,800, Offers 7% Premium
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CNBC TV1817-12-2025, 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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