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| Exchange Disseminated Time 31/05/2017 10:36:28 | | Renaissance Jewellery Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2017, inter alia, has approved the buyback of up to 2,00,000 (Two Lacs Only) Equity Shares of the Company (the “Equity Shares”) of the face value of Rs. 10 each at a price of Rs. 250/- per Equity Share aggregating to Rs. 5,00,00,000/- (Rupees Five Crore only) through the "Tender Offer" route as prescribed under the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 1998, as amended (the "Buyback Regulations") on a proportionate basis from the shareholders as on the record date (to be decided later), subject to the regulatory approvals and compliances required under applicable laws. |
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