29 Jun 2022 , 10:23 AM
The Buy Back will be via the Open Market route through the stock exchange mechanism and consideration shall be payable in cash.
The indicative maximum number of Equity Shares bought back at the Maximum Buyback Price and Maximum Buyback Size would be 705,882, which is 1.12% of the total number of paid-Up Equity Shares of the Company.
Furthermore, the Buyback shall not exceed the Maximum Buyback Size, which represents 9.95% and 7.31% of the aggregate of the Company's total paid-up equity share capital and free reserves as of March 31, 2022, respectively, and is within the prescribed statutory limit of 10% of the aggregate of the fully paid-up equity share capital and free reserves.
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