Tender Offer | ₹109.99 Crores | Listed at BSE, NSE | Tue, May 26, 2026 - Tue, Jun 2, 2026
Garware Technical Fibres Ltd. Buyback is a tender offer for the repurchase of up to 0.16 crore equity shares, representing 1.63% of the total paid-up equity share capital at a buyback price of ₹680 per share with a face value of ₹10 per share, aggregating to ₹109.99 crores.
The record date for determining eligible shareholders is May 20, 2026. Shareholders holding equity shares as on the record date are eligible to participate in the buyback.
The buyback opens on May 26, 2026 and closes on Jun 2, 2026, with the last date for receipt of tender forms being Jun 2, 2026.
The finalisation of buyback acceptance is expected on Jun 8, 2026, followed by settlement of bids on Jun 9, 2026.
Ambit Pvt.Ltd. is the Manager to the Buyback, MUFG Intime India Pvt.Ltd. is the Registrar and Ambit Capital Private Limited is the Registered Broker to the Buyback.
Investors are advised to refer to the Garware Technical Fibres Ltd. Letter of Offer for detailed information, including eligibility criteria, entitlement ratio, acceptance methodology, and tax implications.
Offer Opening Date
Tue, May 26, 2026
Offer Closing Date
Tue, Jun 2, 2026
Buyback Price
₹680 per share
Record Date
May 20, 2026
| Category | Entitlement Ratio | Shares Offered |
|---|---|---|
| Small Shareholders | 33 : 299 | 2,42,625 |
| General Category | 27 : 866 | 13,74,875 |
Note:
Small Shareholders are retail shareholders under SEBI regulations.
General Category includes all other eligible shareholders.
Entitlement ratio is based on fully paid-up equity shares held on the record date.
Garware Technical Fibres Ltd.'s revenue not changed and profit after tax (PAT) dropped by 14% between the financial year ending with March 31, 2026 and March 31, 2025.
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 1,756.62 | 1,771.00 | |
| Total Income | 1,576.48 | 1,578.18 | 1,368.80 |
| Profit After Tax | 198.42 | 231.55 | 208.18 |
| Amount in ₹ Crore | |||
Founded in 1976, Garware Technical Fibres (GTF) is a technical textiles company that manufactures ropes, tarpaulins, and nets.The company is known for its innovative solutions for aquaculture cage nets, fishing nets, sports nets, safety nets, agricultural nets, coated fabrics, synthetic ropes, and geosynthetics.
GTF's products are used in fisheries, aquaculture, shipping, sports, agriculture, coated fabrics, and geo-synthetics segments. The company's IR Nylon rope is designed to provide elasticity and shock absorption, making it suitable for applications where durability is essential.
The company has six offices abroad and has a presence in 75 countries. The company has 27 patents granted under its name.
The company has received certification of ISO 9001: 2015 and ISO 14001-2015 from BVC, UK.
| Month | High Price | Low Price | Average Price |
|---|---|---|---|
| Apr-2026 | 664.35 | 583.45 | 622.62 |
| Mar-2026 | 640.00 | 579.45 | 613.71 |
| Feb-2026 | 773.35 | 618.00 | 679.50 |
| Month | High Price | Low Price | Average Price |
|---|---|---|---|
| Apr-2026 | 666.00 | 582.55 | 622.27 |
| Mar-2026 | 649.70 | 579.75 | 614.22 |
| Feb-2026 | 773.00 | 617.60 | 678.95 |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
Garware Technical Fibres Ltd.
Plot No. 11, Block D-L
M.I.D.C.,
Chinchwad,
Pune, Maharashtra, 411019
Lead Manager(s)
Registered Broker
The Garware Technical Fibres Buyback 2026 opens on May 26, 2026, and closes on June 2, 2026.
Last date to be eligible to participate in buyback is May 19, 2026.
The Garware Technical Fibres Buyback 2026 is a Tender Offer.
Garware Technical Fibres Buyback 2026 Schedule
| Buyback Opening Date | May 26, 2026 |
| Buyback Closing Date | June 2, 2026 |
| Last Date for receipt of Tender Forms | June 2, 2026 |
| Finalisation of Buyback Acceptance | June 8, 2026 |
| Last Date for settlment of bids | June 9, 2026 |
| Last Date for Extinguishment of Shares | June 18, 2026 |
The Garware Technical Fibres Buyback 2026 is being offered at Rs ₹680 per share.
| Category | Entitlement Ratio | Shares Offered |
|---|---|---|
| Small Shareholders | 33 : 299 | 2,42,625 |
| General Category | 27 : 866 | 13,74,875 |
Note:
Small Shareholders are retail shareholders under SEBI regulations.
General Category includes all other eligible shareholders.
Entitlement ratio is based on fully paid-up equity shares held on the record date.
The issue size of Garware Technical Fibres Buyback 2026 is 16,17,500 equity shares at ₹680 per share aggregating up to ₹109.99 Crores.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
All the eligible Shareholders of the Company holding either Physical Shares or Demat Shares as on the Record Date can participate in the buyback offer through their Stock Broker.
The eligible shareholder holding the shares in Demat form needs to inform their broker the details of the Equity shares they wish to tender in the Buyback Offer. The shareholder needs to transfer the tendered shares to a Special account of the clearing corporation. The broker, in turn, would place an order on the stock exchange for the buyback.
The eligible shareholder holding the shares in physical form needs to approach their broker with original share certificates and supporting documents. Upon completion of document verification, the broker places an order on the stock exchange and submits the original share certificate and TRS to the registrar.
The tender form and TRS are optional in the case of Demat shares but mandatory in the case of physical shares.
The Garware Technical Fibres Buyback 2026 offers an opportunity for the shareholders to exit their positions at a premium price. In case you stay invested you would have an increased percentage of shareholding in the company and improved earnings per share. Thus, one should understand the company fundamentals along with one's need, goals, and risk appetite to decide if one wants to stay invested or participate in the buyback offer.
