Pursuant to the Public Announcement dated February 06, 2018 (the Public Announcement) and the Letter of Offer dated February 28, 2018 (the Letter of Offer), MOIL has informed that the Tendering Period for the Buyback opened on Wednesday, March 07, 2018 and closed on Tuesday, March 20, 2018. In accordance with the provisions of Regulation 12 of the Securities and Exchange Board of India (Buy Back of Securities) Regulations, 1998, as amended (the Buyback Regulations), this is to inform that the Company has extinguished 87,66,720 fully paid up Equity Shares of Rs 10 each (in dematerialised form).
The above information is a part of company’s filings submitted to BSE.
