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| Exchange Disseminated Time | KRBL Ltd has informed BSE that Company was authorized vide resolution of Board of Directors dated February 12, 2013 and Public Announcement dated February 14, 2013 to buy back its own equity shares from open market through stock exchange mechanism to the extent of 1,00,00,000 equity shares.
As per the provisions of sub-section (4) of Section 77A of the Companies Act, 1956, the buyback shall be completed within twelve month from the date of passing board resolution vide which the Company is authorized to buyback its own shares.
The Board of Directors at its meeting held on January 16, 2014 it is decided to close the buy back after the market hours on February 11, 2014 which is the last date of completion of twelve months. |
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