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Board of Selan Explorations Technology approves buyback of shares

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Capital Market

At meeting held on 27 December 2018

The Board of Selan Explorations Technology at its meeting held on 27 December 2018 has approved buyback of fully paid-up equity shares of face value of Rs. 10 each of the Company ('Equity Shares') at a price not exceeding Rs. 300 per Equity Share for an aggregate amount of Rs. 25 crore. The company will purchase an indicative minimum of 4,16,667 equity shares or 8.66% of the aggregate of paid up capital and free reserves.

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First Published: Dec 27 2018 | 2:05 PM IST

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