Kaveri Seed has informed that the Board of Directors meeting held on 27th March 2017 have approved the buyback of fully paid up Equity Shares of face value of Rs 2 each not exceeding 29,62,963 Equity Shares (Buyback Size) (representing 4.29% of the total paid-up equity share capital of the Company as on March 31, 2016) at a price of Rs.675 per Equity Share (Buyback Price) payable in cash for an aggregate amount not exceeding Rs 200.00 Crores.
The above information is a part of company’s filings submitted to BSE.
