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| Exchange Disseminated Time | Aro Granite Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 08, 2009, inter alia, has approved the proposal for Buy-back of equity shares of the Company under first proviso to clause (b) of sub-section (2) of section 77A of the Companies Act, 1956 with the following terms:
- Total consideration amount for Buy-back: Not exceeding Rs 5.5 Crores
- Total number of shares for Buy-back: Not exceeding 12.50 lakhs.
- Buy-back price per equity share: Not exceeding Rs 55/-. |
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