Board of Lovable Lingerie approves buyback of shares upto aggregate Rs 50 cr

At meeting held on 06 October 2017

The Board of Lovable Lingerie has approved the Buy-back of up to 20,00,000 fully paid up Equity Shares of the Company having face value of Rs.10/- each ('Equity Share') (representing up to 11.9% of the total paid-up equity share capital of the Company) at a price of Rs.250/- ('Buy-back Price') per Equity Share payable in cash for a total consideration of up to Rs 50 crore.

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