Pursuant to Regulation 30 of the Listing Regulations and other applicable provisions of law, Indian Energy Exchange has informed that, the Board of Directors of the company at its meeting held today, December 20, 2018 has approved the proposal to buyback of its fully paid-up equity shares of Re 1 each not exceeding 3,729,729 equity shares of the company (representing 1.23% of the total number of equity shares in the paid-up share capital of the company) at a maximum price of Rs 185 per equity share payable in cash aggregating to the total consideration not exceeding Rs 69,00,00,000, subject to the approval of the shareholders of the company, by way of a special resolution through postal ballot (including e-voting); and approved the appointment of Gautam Dalmia (DIN: 00009758) as an Additional Director of the company with effect from December 20, 2018 till the holding of next Annual General Meeting.
The above information is a part of company’s filings submitted to BSE.
| Company Name | CMP |
|---|---|
| NTPC | 391.75 |
| Tata Power | 426.20 |
| Adani Power | 194.95 |
| Power Grid Corp | 314.20 |
| Torrent Power | 1537.65 |
| View more.. | |
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