1. Final Buy Back price of Rs. 2,850/- (Rupees Two Thousand Eight Hundred and Fifty Only) per equity share (the “Buy Back Price”) and the aggregate amount of Buy Back upto Rs. 3,030 Million (Rupees Three Thousand and Thirty Millions Only) (the “Buy Back Size”) excluding any expenses incurred or to be incurred for the Buy Back viz. brokerage costs, fees, turnover charges, taxes such as securities transaction tax and goods and services tax (if any), tax on distributed income on Buy Back, stamp duty, advisors fees, filing fees, public announcement expenses, printing and dispatch expenses, if any, and other incidental and related expenses and charges etc. With the Buy Back price of Rs. 2,850/- (Rupees Two Thousand Eight Hundred and Fifty Only) per equity share and the Buy Back Size of upto Rs. 3,030 Millions (Rupees Three Thousand and Thirty Millions Only), the total number of shares to be bought back in the Buy Back shall be upto 1,063,157 (Ten Lakhs Sixty Three Thousand One Hundred and Fifty Seven Only) equity shares representing 3.05 % of the total number of equity shares in the total paid up equity share capital of the Company.
2. Fixed Thursday, September 30, 2021, as the record date for the purpose of determining the names of the equity shareholders who are eligible to participate in the Buy Back and their entitlements.
Please click on the link below for the further information submitted to stock exchanges regarding Buy-Back of shares:
Outcome of Buy Back Committee Meeting