Corporate Announcement
Security Code : 532663    Company : SASKEN    
 
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  Exchange Received Time  02/03/2017 18:07:48         Exchange Disseminated Time   02/03/2017 18:07:54              Time Taken   00:00:06
Please find enclosed herewith Post Buyback Public Advertisement of the Company in relation to the Buyback of its fully paid-up Equity Shares of the face value of Rs.10/- each from the existing shareholders / beneficial owners of the Equity Shares of the Company as on Record Date i.e. January 06, 2017, on a proportionate basis through the tender offer route using stock exchange mechanism of BSE Limited at a price of Rs.410/- (Rupees Four Hundred and Ten Only) per Equity Share payable in cash, for an aggregate amount of up to Rs.11,763.30 lakhs (Rupees Eleven Thousand Seven Hundred and Sixty Three Lakhs and Thirty Thousand only). With reference to the same, the Post Buyback Public Advertisement has been published in terms of the provisions of regulation 19(7) of the SEBI (Buy Back of Securities) Regulations, 1998, in The Financial Express - English Daily (All Edition), Jansatta- Hindi Daily (All Edition) and Kannada Prabha- Bangalore (Regional Edition) on March 02, 2017.
 

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