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Aptech Board approves buy back of equity shares

The maximum price of buyback of shares will be upto Rs. 82 per share and the aggregate consideration for buyback will be upto Rs. 64.66 crore.

May 14, 2013 8:45 IST | India Infoline News Service

Aptech Ltd has announced that the Board of Directors of the Company at its meeting held on May 13, 2013, has approved, subject to approval of shareholders, that the Company will buyback its equity shares from the open market upto 25% of the capital and free reserve of the Company as per the audited accounts as on March 31, 2013.

The maximum price of buyback of shares will be upto Rs. 82 per share and the aggregate consideration for buyback will be upto Rs. 64.66 crore.

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