Corporate Announcement
Security Code : 503101    Company : MARATHON    
 
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  Exchange Received Time  17/03/2017 18:58:31         Exchange Disseminated Time   17/03/2017 18:58:40              Time Taken   00:00:09
In terms of Regulation 30 of the SEBI (LODR) Regulations, 2015, we wish to inform you that the Board of Directors at its meeting held today and commenced at 3.30 p.m. and concluded at 6.30 p.m. has approved a proposal to buy-back up to 54,37,345 Equity Shares of the Company for an aggregate amounting Rs. 149,52,69,875 (hereinafter referred to as the "Buy-Back") being 19.12% of the total paid-up equity share capital, at Rs. 275/- (Rupees Two Hundred & Seventy Five only) per Equity Share (hereinafter referred to as the "Buy-Back Price").
 

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