Fairchem Organics Shares Hit 20% Upper Circuit on November 18 After Board Announces Buyback Proposal

Fairchem Organics saw sharp buying interest on Tuesday, triggering the 20% upper circuit on the BSE. The stock later cooled off but continued to trade significantly higher during the session.

Share Price Movement and Market Performance

Fairchem Organics touched the upper circuit at 761.10 per share before settling lower as the session progressed. At 11:36 AM, shares were trading 14.77% higher at 727.95 per share. In comparison, the BSE Sensex was down 0.22% at 84,763.32.

The company’s market capitalisation stood at 947.86 crore at the time of the move. Over the past year, the stock has recorded a 52-week high of 1,307.95 and a 52-week low of 620.35.

Reason Behind the Surge

The sudden surge in buying came after Fairchem Organics informed exchanges that its board will meet on Thursday, November 20, 2025, to consider a proposal for the buyback of equity shares. The meeting will be held through audio-visual means.

In its filing, the company stated that the proposal will be taken up in accordance with the Securities and Exchange Board of India’s buy-back regulations. It added that the outcome will be communicated to exchanges after the meeting concludes, as required under the Listing Obligations and Disclosure Requirements Regulations.

Company Business Overview

Fairchem Organics operates in the specialty chemicals segment, producing products such as dimer acid, linoleic acid, mixed tocopherol concentrate and sterols concentrate. These products are used across industries including nutraceuticals, paints, printing inks, detergents and adhesives.

The company is the only manufacturer of dimer acid in India and also processes tocopherol, which is used in natural Vitamin-E formulations. Its business model focuses on utilising waste from oil refining mills and extracting various components using specialised purification processes.

Regulatory Disclosure and Next Steps

The company has emphasised that the board’s decision will follow all applicable regulatory requirements. Shareholders and market participants will be watching closely for the formal announcement after the November 20 meeting.

Read More: Groww Shares Jump 7% on November 18, Taking Gains to Nearly 90% Since Listing.

Conclusion

Fairchem Organics shares saw strong demand on November 18 following the announcement of a board meeting to consider a buyback. Market participants now await the outcome of the November 20 meeting for additional details from the company.

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