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Rs 30 Cr Share Buyback! 6.66 Lakh Shares Up For Grabs At Stunning Premium; eClerx Releases Full Timeline
Key details on eClerx Services Limited's significant equity share buyback program worth up to Rs 3,000 million have been formally disclosed. The program offers shareholders a premium buyback price of Rs 4,500 per share for a maximum of 666,666 fully paid-up equity shares with a face value of Rs 10 each. The company has set December 17, 2025 as the record date for determining eligible shareholders, receivers of the Letter of Offer, and their entitlement for the buyback, in accordance with the announcement submitted to the BSE and NSE.
As per a regulatory filing, the buyback schedule of eClerx Services, approved by the Buyback Committee on December 5, outlines the sequence of activities: the offer opens on December 22, 2025, and closes on December 29, 2025, with the registrar verifying tender forms by the same day. The acceptance or rejection intimation will be sent by January 1, 2026, followed by settlement and unblocking of unaccepted shares on January 2, 2026.
By January 13, 2026, the extinguishment of accepted equity shares is scheduled to be finished. Additionally, the corporation has reaffirmed that all brokerage, tax, consultancy, and regulatory fees would be included transaction costs. This disclosure comes after prior authorization from the Board on October 24, 2025, and from shareholders by postal ballot results announced on December 5, 2025.
eClerx Services Buyback Timelines
| Activity | Date | Day |
|---|---|---|
| Date of the Board meeting to approve the proposal for Buy Back of Equity Shares | October 24, 2025 | Friday |
| Date of declaration of results of the postal ballot for special resolution by the Equity Shareholders, approving the Buy Back | December 5, 2025 | Friday |
| Date of Public Announcement for the Buy Back | December 5, 2025 | Friday |
| Date of publication of Public Announcement for the Buy Back | December 6, 2025 | Saturday |
| Record Date for determining the Buy Back Entitlement and the names of Eligible Shareholders | December 17, 2025 | Wednesday |
| Date of opening of the Buy Back / Buy Back Opening Date | December 22, 2025 | Monday |
| Date of closing of the Buy Back / Buy Back Closing Date | December 29, 2025 | Monday |
| Last date of receipt of completed Tender Form and other specified documents by the Registrar to the Buy Back | December 29, 2025 | Monday |
| Last date of verification of Tender Form by Registrar to the Buy Back | December 29, 2025 | Monday |
| Last date of intimation to the Designated Stock Exchange regarding Acceptance or non-acceptance of tendered Equity Shares | January 1, 2026 | Thursday |
| Last date of settlement of bids on the Designated Stock Exchange | January 2, 2026 | Friday |
| Last date of dispatch of share certificate(s) by Registrar to the Buy Back / unblocking of unaccepted demat Shares in the account of Seller Member / Eligible Shareholders | January 2, 2026 | Friday |
| Last date of extinguishment of Equity Shares | January 13, 2026 | Tuesday |
eClerx Services Target Price
"EClerx is consolidating after a strong upward move, with support clustered around Rs 4,700-4,750. Price action shows higher-low formation, suggesting accumulation. Momentum remains positive though somewhat muted. A breakout above Rs 4,950-5,000 could resume the uptrend. Near-term upside targets: Rs 5,200-5,350. Trend softens only if price falls below Rs 4,700," commented technical analyst Riyank Arora of Mehta Equities Ltd.
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