Technocraft Industries (India) fixes record date for buyback of shares

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Capital Market
Last Updated : Dec 29 2015 | 12:03 AM IST

Record date is 08 January 2016

Technocraft Industries (India) announced that the Buy-back Committee (constituted by the Board of Directors on 06 November 2015) at its meeting held on 25 December 2015 has approved 08 January 2016 to be the Record Date for determining the entitlement and the names of the Equity Shareholders, to whom the Letter of Offer will be sent and will be eligible to participate in the buyback of not exceeding 52,26,750 fully paid-up equity shares of face value of Rs. 10 each from all the existing shareholders / beneficial owners of equity shares of the Company for a price of Rs. 270/- per share payable in cash for an aggregate amount of Rs. 141,12,22,500/- (Rupees One Hundred Forty One Crore Twelve Lakhs Twenty-Two Thousand Five Hundred Only).

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First Published: Dec 28 2015 | 7:03 PM IST

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