PVR INOX Approves ₹300 Crore Buyback At ₹1,450 Per Share

Board approved a tender-offer buyback of up to 20,68,965 equity shares at Rs 1,450 per share, for an aggregate amount up to Rs 300 Cr, representing 2.11% of paid-up capital. Promoters and promoter group intend to participate. Record date is 4 September 2026. The buyback represents a shift toward capital returns following the company’s recovery and deleveraging, while remaining consistent with its stated ROCE-led capital allocation approach. The board may raise the price and reduce the share count without changing the Rs 300 Cr size. Execution remains subject to the public announcement and letter of offer; actual shares bought back, post-buyback ownership and final acceptance levels are not yet disclosed. Promoter participation may support the offer’s credibility but could affect public-shareholder acceptance.