The company's buyback proposal involves - share buyback of up to 93,472 equity shares having a face value of Rs10 each.
The shares offered for buyback comprises of 2.20% of the total paid-up equity capital of the company.
A buyback price of Rs11,500 per equity share has been decided. The buyback overall aggregates to over Rs107.49cr.
At around 2.59 pm, Bharat Rasayan was trading at Rs10,542 per piece above Rs191.60 or 1.85% on Sensex.