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New Delhi: on Tuesday introduced buyback of its 14.55 lakh fairness shares at a worth of Rs 1,100 per unit for an mixture quantity not exceeding Rs 160 crore.
The buyback represents 0.98 per cent of the full paid-up fairness share capital of the corporate as on March 31, 2022, Motilal Oswal Monetary Providers stated in an announcement.
The corporate has determined to make use of tender supply route for acquisition of shares, it stated after the board approval.
Members of the promoter and promoter group of the corporate have indicated their intention to take part within the proposed buyback, it stated.
The corporate has mounted Might 27, 2022 because the document date for the aim of figuring out the entitlement for buyback.
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