Shardul Securities: Submission of Letter of Offer
Shardul Securities (SHARDUL) filed a disclosure titled "Submission of Letter of Offer". The company is valued at about ₹498 crore.
What happened
Shardul Securities (SHARDUL) filed a disclosure with the exchanges on 12 October 2026 at 07:28 PM titled "Submission of Letter of Offer".
Company snapshot
Shardul Securities is a micro-cap company, with a market value of about ₹498 crore.
The stock last traded at ₹56.92, against a 52-week range of ₹23.05–₹60 (5.1% below the high).
Before this filing the shares had moved +7.7% over the month and +73.2% over three months. Average daily turnover over the last 20 sessions was about ₹0.12 crore.
Promoters held 74.85% at the end of Q1 FY27. Foreign institutions owned 0.30% and domestic institutions 0.00%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q4 FY18 | 1 | 0.3 | 0.17 |
| Q1 FY19 | 1 | 0.8 | 0.48 |
| Q2 FY19 | 1 | 0.5 | 0.27 |
| Q3 FY19 | 1 | 0.7 | 0.39 |
| Q4 FY19 | 1 | 0.4 | 0.2 |
What history shows
This is not the company's first buyback disclosure: BCEIE has 5 earlier filings of this kind on record since May 2026.
After those filings, the stock gained 3.0% on average the next trading day and was up 11.2% on average after five days (5 filings with price data).
Market-wide, 275 buyback filings with an impact score of 50 or more saw an average next-day move of 0.0%, with 53% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 1 Oct 2026 | Special Resolution passed at the AGM held on 25th September, 2026… | +0.5% | — |
| 1 Oct 2026 | Newspaper Publication for Public Announcement for Buyback of Equity… | +0.5% | — |
| 1 Oct 2026 | Submission of Public Announcement in newspaper for Buyback of Equity… | +2.0% | — |
| 30 Sept 2026 | The Buyback Committee has fixed, Thursday, October 08, 2026 as the… | +2.0% | — |
| 12 Aug 2026 | Board Meeting Outcome for Outcome Of Board Meeting Dated 12Th August… | +10.2% | +11.2% |
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.