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| Exchange Received Time 04/08/2018 18:02:22 Exchange Disseminated Time 04/08/2018 18:02:25 Time Taken 00:00:03 | | The Board has decided to buy back equity shares for an amount not exceeding Rs. 63,00,00,000/- (Maximum Buyback size) equivalent to (14.97% of equity capital) from shareholders (other than promoters & promoter group) at a price of Rs. 730/- (Rupees seven hundred and thirty only) per share, through open market route through stock exchanges, subject to shareholders'' approval. At the Maximum Buy Back Price and for the Maximum Buy Back Size, the maximum number of shares bought back would be 8,63,013 equity shares. The Company will utilize at least 50% of the amount, i.e. Rs.31,50,00,000/- for the buy back and (Minimum Buyback size. Based on the Minimum Buy Back Size and Maximum Buy Back price, the Company would purchase a minimum of 4,31,506 equity shares. The Board has decided to postpone the AGM convened to be held on 11-08-2018, which will now be held on 01-09-2018. Revised notice will be sent to shareholders. |
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