Fairchem Organics board approves buyback of 4.25 lakh shares at ₹800, 15% premium

Fairchem Organics plans to buy back up to 4,25,000 equity shares at ₹800 each, totaling ₹34 crore. This buyback represents 3.26% of its equity and aims to increase promoters’ stake from 61.19% to 64.45%. The record date is yet to be announced.