Man Infraconstruction has commenced an open market buyback of its equity shares in accordance with the SEBI (Buy-Back of Securities) Regulations, 2018. The total amount allocated for the buyback will not exceed ₹169.29 crore, with the maximum buyback price capped at ₹171 per equity share. Under the proposed buyback, approximately 99 lakh equity shares are expected to be repurchased by the company through the open market mechanism. The buyback process is being undertaken in compliance with the applicable SEBI regulations and forms part of the company’s capital allocation strategy. Impact: Neutral — The announcement primarily communicates the commencement and procedural details of the already-approved buyback. While the buyback can provide support to shareholder value, the immediate impact will depend on the actual shares acquired and the price at which purchases are made.

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