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| Exchange Received Time 17/08/2018 17:26:26 Exchange Disseminated Time 17/08/2018 17:26:33 Time Taken 00:00:07 | We would like to inform you that the Board constituted committee of the Company, at its meeting held today i.e. August 17, 2018 (which commenced at 4:00 pm and concluded at 4:30 pm), reviewed the present status of the funds utilized and number of shares bought back by the Company under its ongoing Buyback Offer and took note that the Company has, till date, bought back Maximum Buy-back Offer Shares i.e. 2.6 Cr Equity Shares at an average price of approx. Rs. 170.45 per equity share, and has deployed approx. Rs. 443.18 Cr, excluding Transaction Costs, being approx. 71% of the Maximum Buyback Offer Size, and decided to close the Buy-back Offer. Consequently, the Company announces closure of its Buyback with effect from close of business hours of today i.e. August 17, 2018.
The pre-Buyback and post-Buyback shareholding pattern is also attached for your reference and information.
For details refer attachment. |
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