Alldigi Tech buyback: ₹1,000 per share; up to 4.80 lakh shares

• Type of action: Buyback of fully paid-up equity shares under the “tender offer” route
• Face value: Rs 10/- (Rupees Ten only) per equity share
• Buyback price: Rs 1,000/- (Rupees One Thousand Only) per equity share (the “Buyback Price”)
• Maximum buyback size (value): Aggregate amount not exceeding Rs 48,00,00,000/- (Rupees Forty Eight Crores Only), excluding buyback-related expenses (as stated in the board's outcome letter and Annexure B)
• Maximum number of shares: Up to 4,80,000 (Four Lakh Eighty Thousand Only) fully paid-up equity shares
• Percentage of equity: Representing 3.15% of the total number of Equity Shares in the total paid up equity share capital of the Company as on March 31, 2026
• Route: Proportionate basis from all shareholders / beneficial owners as on the record date, through tender offer, in accordance with the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018 and the Companies Act, 2013
• Promoter participation: The Board has noted the intention of the Promoter of the Company to participate in the proposed Buy back

The buyback will be open to all shareholders / beneficial owners of the equity shares of the Company as on the record date, on a proportionate basis.

However, the record date has not yet been fixed. The board's outcome letter states that, pursuant to Regulation 42 of the Listing Regulations and Regulation 9(i) of the Buyback Regulations, the Board of Directors / Buyback Committee shall subsequently decide the Record Date for determining the entitlement and the names of the equity shareholders who shall be eligible to participate in the buyback.

This means investors who hold Alldigi Tech equity shares in their demat or physical account on the record date to be announced later will be eligible to tender shares in the buyback, subject to the final terms in the Letter of Offer.

The filing on October 29, 2026 makes it clear that this is a proposal subject to shareholder approval:

• The proposed buyback is subject to approval of the shareholders by way of a special resolution through postal ballot.
• The company states that the process, timelines and other requisite details with regard to the postal ballot will be communicated in due course.
• It further notes that the public announcement, Letter of Offer and other documents concerning the Buyback setting out the process, record date, timelines and other requisite details will also be released in due course in accordance with the SEBI Buyback Regulations and post approval of the shareholders.

The Board has also formed a Buyback Committee to oversee and implement the buyback and to do all acts, deeds, matters and things in connection with the proposed buyback, as per the outcome letter.

Annexure B-I to the board's outcome letter provides the pre-buyback shareholding pattern as on September 30, 2026:

• Promoters & Promoter Group along with persons acting in concert: 1 shareholder holding 1,11,82,912 equity shares, representing 73.39% of the existing equity share capital.
• Foreign Institutional Investors (FIIs, Foreign Portfolio Investors Category I and II): 4 shareholders holding 1,56,695 equity shares, representing 1.03%.
• Financial Institutions / Banks & Mutual Funds promoted by Banks / Institutions / AIFs / Insurance Companies: 3 shareholders holding 2,39,623 equity shares, representing 1.57%.
• Others (Public, Public Bodies Corporate, etc.): 17,615 shareholders holding 36,59,096 equity shares, representing 24.01%.
• Total: 17,623 shareholders holding 1,52,38,326 equity shares, representing 100.00% of the existing equity share capital.

The filing notes that the post-buyback shareholding pattern will be ascertained following completion of the buyback, since the actual number of equity shares and the category of shareholders from whom the shares will be bought back cannot be determined at this stage.

In Note 9 to the consolidated and standalone financial results, the company reiterates the buyback terms and states that the buyback is "in accordance with the provisions of the Companies Act, 2013 and the Securities and Exchange Board of India (Buy-back of Securities) Regulations, 2018, as amended, and other applicable laws, to the extent currently in force."

No additional commercial rationale (such as capital allocation or return of surplus cash) is specified in the text of the filing beyond this regulatory framing.

Investors should watch for the forthcoming postal ballot notice, public announcement and Letter of Offer, which will carry the final record date, detailed timetable and instructions on how to participate.