-2.90 (-1.28%) Quick Heal Technologies has received approved to buyback up to 63,63,636 equity shares of the company, being 9.02% of the total paid up equity share capital of the company, for an aggregate amount not exceeding Rs 175 crore, which is 23.87% of the aggregate of the fully paid-up Equity Share Capital at a price of Rs 275 per equity share.
The Board of Directors of the Company at its meeting held on March 05, 2019 has approved the same.
Quick Heal Technologies is leading provider of Internet Security tools and is a leader in antivirus Technology in India. Quick Heal Technologies was founded in 1993 and has been actively involved in Research and Development of antivirus software since then.