Fairchem Organics: Share Plunges 70% from Peak, Now Announces Buyback at ₹800

• Fairchem Organics' share price plummeted from an all-time high of ₹2,449.90 in August 2022 to around ₹700.
• The company announced a share buyback of up to ₹34 crore for 4,25,000 equity shares at ₹800 per share.
• The record date for the tender offer buyback is January 5, 2026, signaling a potential turning point for investors.
• Promoters increased their stake from 58.71% to 61.2%, indicating confidence despite the price drop.
• Fairchem Organics is India's largest Dimer Acid manufacturer, producing specialty oleochemicals and nutraceuticals for major clients.

Why It Matters: Fairchem Organics' buyback at ₹800 after a sharp fall aims to restore investor confidence.