Matrimony.com approves ₹58.5 Cr buyback; MD, Independent Director reappointed

• Matrimony.com's board approved a buyback of 8,93,129 equity shares at ₹655 per share.
• The buyback, totaling up to ₹58.5 crore, will be conducted via a tender offer on a proportional basis.
• Promoters and promoter group members do not intend to participate in the buyback.
• Murugavel Janakiraman was re-appointed as Managing Director for three years, effective April 1, 2026.
• S.M. Sundaram was re-appointed as an Independent Director for a second five-year term, effective March 11, 2026.

Why It Matters: Matrimony.com's share buyback and key leadership reappointments signal company stability.