Orbit Exports Limited Buyback Details

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Orbit Exports Limited Buy Back
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Orbit Exports Limited Buy Back

Orbit Exports Limited is a weaving firm that was established in 1983. Orbit Exports has a global presence with extensive operations in the USA, Latin America, Africa, Europe, and the Far East. Orbit Exports works in various industries, from women’s clothing to holiday crafts and home furnishings, with additional interest in event-specific textiles and finished goods. The company’s products have always been completely original in terms of invention and production, and they still are. 

Every three months, the business exports 2 million meters of fabric. The largest exporter of Christmas ribbons and manufactured goods from India is Orbit Exports. 

The proposal to buy back up to 4,08,163 (Four Lakh Eight Thousand One Hundred and Sixty-Three only) fully paid-up equity shares of the company, each with a face value of Rs. 10/- (Rupees Ten only), has been approved by the board of directors.

The price per equity share will be Rs. 245 (Rupees Two Hundred and Forty-Five Only). As of November 18, 2022, that date will serve as the “Record Date” for determining equity owners’ eligibility for the Company’s buyback offer as well as their names. 

Orbit exports Limited Buyback Details 

Buyback Dates Coming soon 
Orbit Exports Buyback Price  INR 245 per share 
Buyback Offer Size (Shares) 4,08,163 shares 
Buyback offer as % of total shares 1.49% 
Buyback Offer Size (Amount) INR 10 Crore 
Offer Type Tender 
Promoter Participation Yes 
Face Value  INR 10 per share 
Listing At BSE, NSE 
Check Rustomjee IPO Details Here

Orbit exports Limited Buyback Dates 

Board Meeting for Buyback Proposal 04 November 2022 
Buyback Approval Date 04 November2022 
Public Announcement of Buyback 09 November2022 
Orbit Exports Buyback Record Date 18 November2022 
Buyback Opening Date Coming soon 
Buyback Closing Date Coming soon 
Cut-off Date to receive completed tender forms by Registrar Coming soon 
Verification Date by the Registrar Coming soon 
Return of unaccepted shares by Registrar Coming soon 
Extinguishment of accepted shares Coming soon 

Orbit Export Limited Financials

Period EndedTotal AssetsTotal RevenueProfit After Tax
31-Mar-21226.1673.072.38
31-Mar-22279.09131.1717.8

Company Contact Information

Orbit Exports Limited
122, 2nd Floor, Mistry Bhavan,
Dinshaw Wachcha Road,
Churchgate, Mumbai – 400020,

Phone: +91-22-6625 6262
Email: reception@orbitexports.com
Websitehttp://orbitexports.com/

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