PC Jeweller has informed that the Board of Directors of the Company at its meeting held on May 10, 2018 has considered and approved the Buy Back upto 1,21,14,286 fully paid-up Equity Shares of Rs 10 each, comprising of 3.07% of the total paid-up equity capital of the Company, from the equity shareholders of the Company as on the Record Date, at a price of Rs 350 per Equity Share for an aggregate amount not exceeding Rs 424,00,00,000, being less than 25% of the total paid-up equity capital and free reserves of the Company, subject to the shareholders and other necessary approvals, if any.
The above information is a part of company’s filings submitted to BSE.
