Board of Selan Explorations Technology approves buyback of shares

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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