The Securities and Exchange Board of India (SEBI), on July 06, 2026, issued the Securities and Exchange Board of India (Buy-Back of Securities) (Amendment) Regulations, 2026 to further amend the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018.
The following has been stated:
• In regulation 4, in sub-regulation (iv), in clause (b),
(i) in sub-clause (i), after the symbol “,”, the word “and” shall be inserted;
(ii) in sub-clause (ii), - a) before the words “stock exchange”, the word “the” shall be inserted; b) the symbol “;” appearing after the words “stock exchange”, shall be substituted with the symbol “:”;
(iii) in the second proviso, after the words, symbol and numerals “April 1, 2025”, the words, symbol and numerals “till July 31, 2026” shall be inserted;
(iv) after the second proviso, the following third proviso shall be inserted, namely, - “Provided further that with effect from August 1, 2026, the buy-back from the open market through the stock exchange shall be less than fifteen per cent of the paid-up capital and free reserves of the company, based on both standalone and consolidated financial statements of the company.”
• In regulation 8(i) –
o after the word “shall”, the symbol “,” shall be inserted;
o (ii) in clause (a), after the word “containing”, the word “the” shall be inserted;
o in clause (aa), after the word “information”, the word “as” shall be inserted.
Please refer to the document attached below for more details.
It will come into force on August 01, 2026.
[No.SEBI/LAD-NRO/GN/2026/306.]
