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Mcleod Russel India informs about buy back of shares

02 Jun 2018 Evaluate

Mcleod Russel India has informed that the Board of Directors of the Company, which expression shall include any committee constituted by the Board to exercise its powers, including the powers conferred by this resolution hereby approves the buyback by the Company of its fully paid-up Equity Shares having face value of Rs 5 each (Equity Shares) for a price not exceeding Rs 210 per Equity Share (Maximum Buyback Price) from the shareholders of the Company excluding promoters, promoter group, persons acting in concert and persons who are in control of the Company, payable in cash via the ‘open market’ route through the stock exchanges under the Buyback Regulations and the Companies Act and at the Maximum Buyback Price and for the Maximum Buyback Size, the maximum number of Equity Shares bought back would be 47,61,904 Equity Shares (Maximum Buyback Shares) which-is 4.35% of the total number of paid-up Equity Shares of the Company.

The above information is a part of company’s filings submitted to BSE.

Mcleod Russel Share Price

52.84 2.51 (4.99%)
17-Apr-2026 16:59 View Price Chart
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