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| Exchange Received Time 10/11/2017 18:30:14 Exchange Disseminated Time 10/11/2017 18:30:20 Time Taken 00:00:06 | | Approved Buyback proposal for purchase by the Company of its own fully paid equity shares of Rs.10/- each ('Equity Share') not exceeding 28,00,000 (Twenty Eight Lakhs) Equity Shares at a price not exceeding Rs. 525/- (Rupees Five Hundred Twenty Five only) per Equity Share ('Buyback Offer Price'), for an aggregate amount of Rs. 147,00,00,000/- (Rupees One Hundred Forty Seven Crores Only) (hereinafter referred to as the 'Buyback Offer Size'), (being less than 25% of the total paid-up equity capital and free reserves of the Company as on March 31, 2017) (hereinafter referred to as the 'the Buyback') from the shareholders of the Company on a proportionate basis through the tender offer route in accordance and consonance with the provisions contained in the SEBI (Buy Back of Securities)Regulations, 1998 ('the Buy-back Regulations') (including any statutory modification(s) or re-enactment of the Act or Buy-back Regulations, for the time being in force) and the Companies Act,2013. |
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