Jagran Prakashan extinguishes over 36 lakh buyback shares

Post extinguishment number of equity shares of the company is 26,37,80,000 with share capital over Rs52.75cr.

May 27, 2021 12:05 IST India Infoline News Service

Jagran Prakashan
Media company Jagran Prakashan Limited has bought back 36,18,156 equity shares from May 01, 2021 to May 20, 2021, and the said equity shares have been extinguished in the manner specified in the SEBI Buyback Regulation, the company said in a filing on Wednesday.

Equity Shares extinguished had a share capital of over Rs72.36 lakhs. The post extinguishment number of equity shares of the company is 26,37,80,000 with share capital over Rs52.75cr.

The extinguishment of equity shares was in connection with the Buyback of equity shares, from open market through stock exchange mechanism, of Rs2 each of Jagran Prakashan Limited.

At around 12.18 PM, Jagran Prakashan Ltd was trading at Rs59.30 per piece down Rs0.15 or 0.25% from its previous closing of Rs59.45 per piece on the BSE.

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