Go Fashion Board Approves Share Repurchase at ₹460 Per Share Through Tender Offer

0 min read Updated on 29 Jan 2026, 03:43 PM

Reviewed by

Riya DScanX News Team

Overview

Go Fashion (India) Limited's board has approved a share repurchase program through tender offer at ₹460 per share. The buyback mechanism allows shareholders to voluntarily sell their holdings back to the company at the predetermined price, providing an avenue for value realization.

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Go Fashion (India) Limited's board of directors has approved a share repurchase program, offering shareholders an opportunity to sell their holdings back to the company at a predetermined price.

Share Buyback Details

The company has structured the repurchase through a tender offer mechanism, setting the buyback price at ₹460 per share. This approach allows existing shareholders to voluntarily participate in the program by tendering their shares at the specified price.

Parameter:	Details
Buyback Price:	₹460 per share
Method:	Tender Offer
Status:	Board Approved

Tender Offer Mechanism

The tender offer route provides a structured framework for the share repurchase, enabling shareholders to make informed decisions about participating in the buyback program. Under this mechanism, eligible shareholders can choose to tender their shares at the company-determined price of ₹460 per share.

This corporate action represents the company's commitment to returning value to shareholders through direct share repurchases, allowing investors to monetize their holdings at the board-approved valuation.

GO Fashion Reports Q3 Net Profit of ₹72 Million, Down from ₹243 Million Year-on-Year

0 min read Updated on 29 Jan 2026, 03:28 PM

Reviewed by

Naman SScanX News Team

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Overview

GO Fashion has reported a third quarter net profit of ₹72 million, representing a significant decline from ₹243 million achieved in the same quarter of the previous year. The substantial year-over-year decrease highlights the challenging operating environment faced by the fashion retailer during the reporting period.

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GO Fashion has reported its third quarter financial performance, showing a notable decline in profitability compared to the same period last year. The fashion retailer's net profit for the quarter stood at ₹72 million, marking a significant decrease from the ₹243 million recorded in the corresponding quarter of the previous year.

Financial Performance Overview

The company's quarterly results highlight the challenging business environment faced during the period. The year-over-year comparison reveals the extent of the profit decline experienced by the fashion retailer.

Financial Metric:	Q3 Current Year	Q3 Previous Year	Change
Net Profit:	₹72 million	₹243 million	Decline

Business Impact

The substantial reduction in net profit from ₹243 million to ₹72 million represents a significant shift in the company's financial performance. This decline reflects the operational challenges and market conditions that impacted GO Fashion during the third quarter.

The year-over-year comparison provides insight into the company's current financial trajectory and highlights the contrast with the previous year's performance during the same reporting period.