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| Exchange Disseminated Time 14/11/2016 19:42:44 | Fineotex Chemical Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 14, 2016, have approved the buy-back of its fully paid-up equity shares of face value of Rs. 2/- (Rupees Two only) each at a price not exceeding Rs. 40/- per equity shares for a maximum amount of Rs. 3,99,24,400 (Rupees Three Crores Ninety Nine Lakhs Twenty Four Thousand Four Hundred only) (excluding brokerage, Transactional charges and taxes, if any) subject to maximum of 9,98,110 equity shares from the existing equity shareholders/ beneficial owners, other than the promoters/ persons who are in control of the Company, from the open market purchases through BSE Limited and National Stock Exchange of India Limited using their nationwide Electronic Trading terminals.
Highlights
1. The Consolidated PAT of the Company for the quarter has increased by 20% YoY |
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