Fairchem Organics Buyback 2026 vs Tanla Platforms Buyback 2025

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 Buyback will help the Company to distribute surplus cash to its shareholders holding equity shares thereby enhancing the overall return for them
• The Buyback, which is being implemented through the Tender Offer route as prescribed under the Buyback Regulations, would involve a reservation of up to 15% of the Equity Shares proposed to be brought back by the Company or the actual number of Equity Shares entitled as per the shareholding of small shareholders on the Record Date, whichever is higher. The Company believes that this reservation for small shareholders would benefit a significant number of the Company's public shareholders, who would be classified as 'Small Shareholders';
• The Buyback is generally expected to improve return on equity through the distribution of cash and improve earnings per share by reduction in the equity base of the company, thereby leading to long-term increase in shareholder's value, and
• The Buy Back gives an option to the shareholders holding Equity Shares of the Company, to either (i) choose to participate and get cash instead of Equity Shares to be accepted under the Buy Back Offer or (ii) choose not to participate and enjoy a resultant increase in their percentage shareholding, post the Buy Back Offer, without additional investment.

The Company is undertaking the Buyback after taking into account the strategic and operational cash requirements of the Company in the medium term and for returning surplus funds to the shareholders effectively and efficiently. The Buyback is being undertaken for the following reasons:

1. The Buyback will help the Company to return surplus cash to its shareholders holding Equity Shares broadly in proportion to their shareholding, thereby, enhancing the overall return to shareholders.
2. The Buyback will help the company optimise its capital structure.
3. The Buyback, which is being implemented through the tender offer route as prescribed under the SEBI Buyback Regulations, would involve allocating the number of Equity Shares as per their entitlement or 15% of the number of Equity Shares to be repurchased, whichever is higher, reserved for small shareholders. The Company believes that this reservation for small shareholders would benefit a large number of public shareholders, who get classified as "small shareholders" as per Regulation 2(i)(n) of the SEBI Buyback Regulations.
4. The Buyback may help in improving financial ratios like earnings per share, return on capital employed and return on equity, by reduction in the equity base, thereby leading to a long-term increase in shareholders' value; and
5. The Buyback gives an option to the shareholders holding Equity Shares of the Company, who can choose to participate and get cash instead of Equity Shares to be accepted under the Buyback offer, or they may choose not to participate and enjoy a resultant increase in their percentage shareholding, post the Buyback offer, without additional investment.