Shardul Securities buyback: Rs 60 per share, record date 08 October 2026

Shardul Securities Ltd has announced the record date for its proposed buyback of equity shares.

According to the intimation letter dated September 30, 2026, addressed to BSE Limited, the company has fixed Thursday, October 08, 2026 as the record date under Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Regulation 9(i) of the SEBI (Buy-Back of Securities) Regulations, 2018.

This record date will be used to determine which shareholders are entitled to participate in the buyback offer.

Key terms

• Type of action: Buy-back of equity shares
• Maximum number of shares: Up to 1,92,00,000 (One Crore Ninety Two Lakhs) fully paid-up Equity Shares
• Face value per share: ₹2/- each
• Buyback price: ₹60/- (Rupees Sixty only) per Equity Share, payable in cash
• Maximum buyback consideration: Not exceeding ₹ 1,15,20,00,000/- (Rupees One Hundred Fifteen Crore Twenty Lakh Only)
• Record date: Thursday, October 08, 2026
• Scrip Code / ID (BSE): Scrip Code: 512393; Scrip ID: SHARDUL

The company’s letter states that this intimation is in furtherance of its earlier communications dated August 12, 2026 and September 29, 2026, which informed the decision of the Board of Directors and the Members of the Company, respectively, to buy back equity shares.

As per the intimation, the purpose of fixing the record date is:

“To determine the entitlement and names of Equity Shareholders, who shall be entitled to participate in the proposed offer for Buy-back of up to 1,92,00,000 Equity Shares of the Company at the price of ₹60/- per Equity Share.”

Eligibility and what the record date means

Shareholders whose names appear on the company’s register of members or in the records of the depository as on Thursday, October 08, 2026 will be considered for determining entitlement to participate in the buyback offer, in line with the applicable SEBI regulations.

Investors should note that the total consideration of up to ₹ 1,15,20,00,000/- is stated as excluding transaction costs such as brokerage, filing fees, advisors/legal fees, public announcement publication expenses, printing and dispatch expenses, and applicable taxes including securities transaction tax, goods and service tax, stamp duty, etc., as mentioned in the company’s intimation under the heading referring to the “Buy-Back offer”.

The letter is signed by Daya Bhalia, Company Secretary & Compliance Officer, Membership No: A24205, on behalf of Shardul Securities Limited, as shown in the communication reproduced on page 1 of the filing.

The detailed timetable for the opening and closing of the buyback offer, the tendering process and settlement schedule is not provided in this particular intimation; those details are typically set out in the public announcement and letter of offer to shareholders issued in accordance with the SEBI (Buy-Back of Securities) Regulations, 2018.