New Delhi, Sept. 10 -- PVR Inox's Rs.300 crore share buyback opens for subscription on Thursday, September 10, giving eligible shareholders an opportunity to tender their shares at Rs.1,450 apiece. The buyback, being conducted through the tender offer route, involves the repurchase of nearly 21 lakh equity shares.

The offer will remain open until September 17, while the record date was September 4.

This is crucial for investors looking to participate: only shareholders who held PVR Inox shares on the record date are eligible for the buyback. Therefore, buying the stock today will not make a new investor eligible for the offer.

The buyback price of Rs.1,450 is around 24% higher than the stock's last closing price of Rs.1,171.35 on 9 Sep...