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| Exchange Received Time 10/04/2017 17:49:53 Exchange Disseminated Time 10/04/2017 17:49:58 Time Taken 00:00:05 | | With regard to the Company's ongoing Buyback Offer, in terms of Public Announcement dated December 5, 2016, we would like to inform you that the Board constituted committee of the Company, at its meeting held today i.e. April 10, 2017, reviewed the present status of the funds utilized and number of shares bought back by the Company under its ongoing Buyback Offer and took note that the Company has, till date, bought back 3,40,46,000 equity shares at an average price of Rs.79.91 per equity share. The Company has thus deployed Rs. 272,05,61,603/- (Rupees Two Hundred Seventy Two Crores Five Lacs Sixty One Thousand Six Hundred and Three only), excluding Transaction Costs, being 50.38% of the Maximum Buyback Offer Size and decided to close the Buy-back Offer. Consequently, the Company announces closure of its Buyback today i.e. April 10, 2017. For details refer the attachment. The pre-Buyback and post-Buyback shareholding pattern is also attached for reference and information. |
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