Geodesic has informed that in continuation with the decision to buyback equity shares of the company through stock exchange mechanism, the board of directors of the company at their meeting held on November 27, 2012 have discussed and approved to buy back upto 25% of the equity shares of the company at a maximum buyback price of Rs.75 per share subject to the approval of the shareholders through postal ballot.
The above information is a part of company’s filings submitted to BSE.