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First-Ever Share Buyback for ₹1,100 Crore Drugmaker Jagsonpal Pharma
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Jagsonpal Pharma to consider first-ever share buyback; Board meeting on March 12, 2026
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CNBC TV18
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10-03-2026, 07:52
Jagsonpal Pharma to consider first-ever share buyback; Board meeting on March 12, 2026
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Jagsonpal Pharmaceutical Ltd., a ₹1,100 crore drugmaker, will consider its first-ever share buyback proposal.
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The company's board of directors is set to meet on Thursday, March 12, 2026, to approve the buyback of fully-paid up equity shares.
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This marks the first instance the company will approve a share buyback, according to Bombay Stock Exchange (BSE) data.
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Jagsonpal Pharma previously issued bonus shares in 2004 and carried out a stock split in 2025.
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Shares ended 2.5% lower at ₹169.05, with significant declines over the past month and six months.
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