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Kama Holdings informs about buyback of shares

13 Dec 2022 Evaluate
Kama Holdings has informed that at the meeting of the board of directors (Board) of the Company held on December 12, 2022, the Board has approved a proposal for the buyback of 34,500 (Thirty four thousand five hundred) fully paidup equity shares of face value INR 10 each representing 0.53% of the total number of fully paid-up equity shares in the paid-up share capital of the Company, from the shareholders of the Company at a price of INR 14500 (fourteen thousand five hundred only) per equity share (the Buyback Offer Price) payable in cash for an aggregate consideration not exceeding INR 50,02,50,000 (Fifty crores two lakhs and fifty thousand Only) (the 'Buyback Offer Size') representing 9.93% & 1.05% of the aggregate of the fully paid-up equity share capital and free reserves as per the audited condensed standalone interim financial statements and audited condensed consolidated interim financial statements of the Company, respectively for the six months ended September 30, 2022 in terms of Sections 68, 69, 70 and other applicable provisions, if any, of the Companies Act, 2013 and rules made thereunder and the Securities and Exchange Board of India (Buy Back of Securities) Regulations, 2018, as amended (Buyback Regulations) (Buyback).

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

Kama Holdings Share Price

2502.25 -14.50 (-0.58%)
20-Apr-2026 16:59 View Price Chart
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