KIOCL has informed that the meeting of the board of directors (Board) of the Company held on September 18, 2018, the Board has unanimously approved a proposal for the buyback of 1,25,88,235 equity shares of Rs.10 each representing 1.98 % of the total number of equity shares in the paid-up share capital of the Company from the shareholders of the Company in terms of Sections 68, 69, 70 and other applicable provisions, if any, of the Companies Act, 2013 and rules made there under and the Securities and Exchange Board of India (Buy Back of Securities) Regulations, 2018(Buyback Regulations) (Buyback).
The above information is a part of company’s filings submitted to BSE.
