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BSE gets nod for Rs 166 crore share buyback

16 Jan 2018 Evaluate

Bombay Stock Exchange (BSE) has received an approval for buyback proposal of 15.09 lakh shares at a price not exceeding Rs 1,100 per share. The board of directors at its meeting held on January 15, 2018 has approved for the same.

The buyback shall not exceed Rs 166 crore excluding brokerage costs, fees, turnover charges, taxes such as securities transaction tax and goods and services tax (if any), stamp duty and other transaction charges.

BSE is engaged in extensive monitoring of its members, of listed companies and of market activities in order to minimize the risk of default, promote market transparency and integrity.


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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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