At meeting held on 20 March 2017
The 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.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
