Danlaw Technologies India has received board’s approval for a proposal to buyback up to 7,44,060 Equity Shares which representing 20% of the total paid up equity share capital of the company at a price of Rs 65 (Rupees Sixty five only) per Equity Share (hereinafter referred to as 'Maximum Buyback Price') of the company for an aggregate amount not exceeding Rs 4,83,63,900.
The company's board gave approval for the same at its meeting held on September 22, 2017. Moreover, the company has appointed Karvy Investor Services as the Manager to the Buyback.
Danlaw Technologies India envisions itself as a products company that pioneers innovations. Its high skill and geographic comparative advantage, coupled with its deep commitment to R&D, ensure that whatever is done is done the best and with great cost advantage.
