At meeting held on 14 May 2014
Prime Property Development Corporation announced that the Board of Directors of the Company at its meeting held on 14 May 2014, inter alia, has considered and unanimously approved the proposal of buy-back through 'Tender Offer' route upto 38,00,000 fully paid up equity shares of Rs 5 each from the shareholders of the Company as on a record date at a price of Rs 19.50 per equity share, payable in cash, upto an aggregate amount of Rs 7.41 crore.The board has also considered and unanimously approved the proposal of Voluntary Delisting from Ahmedabad Stock Exchange, Madras Stock Exchange and Jaipur Stock Exchange.
Powered by Capital Market - Live News
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app