Avantel informs about Outcome of Board Meeting

05 Jun 2014

Avantel has informed that the Board of Directors of the Company at its meeting held on June 04, 2014, has decided to withdraw conducting of postal ballot interalia for Buy-Back of Equity Shares of the Company due to recent spurt in the market price of the equity shares in BSE, consequent to which the buy-back price upto Rs. 75 has become unattractive to the shareholders.

The above information is a part of company’s filings submitted to BSE.

 

 

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