At meeting held on 20 March 2017The Board of Directors of Engineers India at their meeting held on 20 March 2017 has approved the following -
Approved the alteration of Article of Association to empower the Company to buyback its shares.
Approved the proposal to buyback not exceeding 4,19,61,780 equity shares of the Company (representing 6.23% of the total number of shares in the paid up share capital of the Company) at a price of Rs 157 per share payable in cash for an aggregate consideration not exceeding Rs 658.80 crore.
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