eClerx Services Buyback Approved: Rs 3,000 Million at Rs 4,500 Per Share

eClerx Services Limited has detailed a buyback of equity shares worth up to Rs 3,000 million. The company will repurchase up to 666,666 fully paid shares, each with a face value of Rs 10. Investors will receive Rs 4,500 per share. December 17, 2025 is the record date for deciding which shareholders can participate.

Participation will follow a fixed schedule on the exchanges, giving investors clear timelines for each step. The Buyback Committee approved the detailed calendar on December 5, 2025. The offer opens on December 22, 2025 and closes on December 29, 2025. All related verification and settlement processes are planned for completion by January 2026.

The buyback size of Rs 3,000 million reflects the maximum amount earmarked for this programme. The offer price of Rs 4,500 per share stands above the face value of Rs 10. The cap of 666,666 shares indicates a limited quantity approach. Shareholders on the December 17, 2025 record date will receive the Letter of Offer and related entitlements.

eClerx Services has clarified that brokerage, taxes, consultancy charges and regulatory levies form part of transaction costs. These expenses will apply to trades linked with the buyback process. The company has also indicated that accepted shares will be extinguished by January 13, 2026. This step will reduce the total equity base once completed.

The buyback follows earlier approvals granted by the Board and shareholders. The Board first cleared the proposal on October 24, 2025. Shareholders then passed a special resolution through postal ballot, with results declared on December 5, 2025. A public announcement was also made on December 5, 2025 and published on December 6, 2025.

Operationally, the offer window runs between December 22 and December 29, 2025. The registrar will receive completed tender forms until December 29, 2025. Verification of these tenders will also finish on December 29, 2025. Intimation regarding acceptance or rejection of shares will be sent to the designated stock exchange by January 1, 2026.

eClerx Services buyback schedule in tabular format

The settlement of bids on the exchange is targeted for January 2, 2026. On the same date, unaccepted demat shares should be unblocked in the accounts of seller members or eligible shareholders. Physical share certificates, if any, will also be dispatched by January 2, 2026. Extinguishment of accepted equity shares is planned by January 13, 2026.

Activity	Date	Day
Date of the Board meeting to approve the proposal for Buy Back of Equity Shares	October 24, 2025	Friday
Date of declaration of results of the postal ballot for special resolution by the Equity Shareholders, approving the Buy Back	December 5, 2025	Friday
Date of Public Announcement for the Buy Back	December 5, 2025	Friday
Date of publication of Public Announcement for the Buy Back	December 6, 2025	Saturday
Record Date for determining the Buy Back Entitlement and the names of Eligible Shareholders	December 17, 2025	Wednesday
Date of opening of the Buy Back / Buy Back Opening Date	December 22, 2025	Monday
Date of closing of the Buy Back / Buy Back Closing Date	December 29, 2025	Monday
Last date of receipt of completed Tender Form and other specified documents by the Registrar to the Buy Back	December 29, 2025	Monday
Last date of verification of Tender Form by Registrar to the Buy Back	December 29, 2025	Monday
Last date of intimation to the Designated Stock Exchange regarding Acceptance or non-acceptance of tendered Equity Shares	January 1, 2026	Thursday
Last date of settlement of bids on the Designated Stock Exchange	January 2, 2026	Friday
Last date of dispatch of share certificate(s) by Registrar to the Buy Back / unblocking of unaccepted demat Shares in the account of Seller Member / Eligible Shareholders	January 2, 2026	Friday
Last date of extinguishment of Equity Shares	January 13, 2026	Tuesday

eClerx Services buyback context and technical view

The buyback details arrive alongside a technical assessment of the share price. Market participants may watch price zones highlighted by analysts while evaluating the offer. These levels are separate from the buyback price of Rs 4,500. They instead relate to secondary market trading behaviour and short-term trend strength on the exchanges.

"EClerx is consolidating after a strong upward move, with support clustered around Rs 4,700-4,750. Price action shows higher-low formation, suggesting accumulation. Momentum remains positive though somewhat muted. A breakout above Rs 4,950-5,000 could resume the uptrend. Near-term upside targets: Rs 5,200-5,350. Trend softens only if price falls below Rs 4,700," commented technical analyst Riyank Arora of Mehta Equities Ltd.

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For investors in India tracking corporate actions, the eClerx Services buyback offers a defined timetable and price. The fixed entitlement date, planned settlement cycle and share extinguishment deadline give transparency. Market participants can compare the Rs 4,500 offer with prevailing prices and analyst views, while considering taxes, costs and individual risk before making any decision.