Matrimony.com pronounces Rs 58.5 crore share buyback, inventory falls 5%

Matrimony.com on Monday introduced a share buyback proposal value as much as Rs 58.5 crore, following a board assembly held earlier within the day, the place the corporate plans to repurchase as much as 8,93,129 absolutely paid-up fairness shares at a buyback value of Rs 655 per share via the tender provide route, representing a big return of capital to shareholders.

Nevertheless, following the announcement, the inventory declined 5.2% intraday to a low of Rs 518.30 on the BSE.

The mentioned buyback represents 24.68% and 24.81% of the mixture of the corporate’s paid-up share capital and free reserves based mostly on the newest audited financials.

The buyback might be carried out via the tender provide route, with shareholders eligible as per a report date to be introduced later. In accordance with SEBI Buyback Rules, 15% of the buyback might be reserved for small shareholders.

The board additionally authorised the Purchase Again Committee to extend the buyback value by one working day earlier than the report date whereas decreasing the variety of shares accordingly, topic to compliance with rules.

Detailed timelines and procedures might be communicated sooner or later, in response to the regulatory submitting shared by the corporate with the inventory exchanges.

The promoters and promoter group, who maintain 54.61% of the corporate’s share capital as of 12 December 2025, have conveyed their determination to not take part within the buyback.

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