Stock in Focus: Tech company Eclerx Services Ltd has announced buyback of its equity shares after getting approval in its board meeting on October 24, 2025. According to exchange filings, the board has approved buyback of 6.66 lakh fully paid shares of face value Rs 10 each.
The total amount of this buyback will be ₹300 crore. This does not include brokerage, taxes, stamp duty, advisory fees and other expenses. This represents 21.08% of the company’s total paid-up equity and 13.80% of its audited consolidated reserves as of March 2025.
Buyback price and method
The buyback price has been fixed at ₹4,500 per share and will be paid in cash. The buyback will be through tender offer route and SEBI Buyback Regulations, 2018 will be followed. At least 15% of the shares will be reserved for small shareholders.
The buyback is subject to shareholders’ approval, which will be taken through postal ballot and remote e-voting. Information about record date, process and timeline will be given later.
Responsibility of promoters and committee
Eclerx Services says promoters and promoter group members will not participate in the buyback. Emkay Global Financial Services Limited will be the manager of the buyback. At the same time, Savita Jyoti of Savita Jyoti Associates will be the scrutinizer of the postal ballot and e-voting process.
Pratik Bhanushali, VP-Legal and Company Secretary, will be the compliance officer for the buyback. Apart from this, a buyback committee has been formed which will monitor the entire process and take necessary action.
Shareholding pattern of Eclerx Services
After the completion of the buyback, the company will release the pre and post-buyback shareholding pattern. As of October 17, 2025, promoters held 53.81% of the total shares of Eclerx, the public held 44.69%, and the ESOP Trust held 1.5% shares.
Status of shares of Eclerx Services
Shares of Eclerx Services closed at Rs 4,445.00 with a gain of 2.33% on Friday. The shares of the company have increased by 74.79% in the last 6 months. At the same time, there has been a jump of 63.39% in one year. In the last 5 years, the company has given multibagger returns of 861.98%. The market cap of Eclerx Services is Rs 21.05 thousand crore.
What is the business of Eclerx Services?
Eclerx Services Ltd is an IT/Tech company providing business process management and data analytics services. The company provides operations and data support to its customers so that they can take business decisions quickly and accurately. Additionally, Eclerx also provides tailored solutions for the finance, retail, media and technology sectors, simplifying their processes and improving customer experience.
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