Patel Integrated Logistics (PIL) has completed its equity share buyback!

PIL repurchased 5.4 million fully paid-up equity shares from eligible shareholders via a Tender Offer on a proportionate basis.

Each share was bought at ₹20, bringing the total buyback value to ₹10.80 Cr.

This post-buyback update highlights PIL's commitment to enhancing shareholder value and boosting capital efficiency.

This move reinforces the company's strategy to optimize its capital structure and return value to shareholders. #Buyback #InvestorUpdate