Tech Mahindra board to meet on Feb 21 to consider share buyback

The trading window for transacting in the securities of the company would remain closed from February 16 to February 23, 2019.

Feb 18, 2019 08:02 IST India Infoline News Service

Tech Mahindra in its filing to the exchanges informed that its board will meet on February 21 to consider share buyback proposal. The announcement was made on Saturday.

"Pursuant to the company's code of conduct for Prohibition of Insider Trading, the trading window for transacting in the securities of the company would remain closed from February 16 to February 23, 2019," the company said in a press note to the exchanges on Saturday.
Tech Mahindra Ltd's share price ended at Rs800.70, down by Rs4.65 or 0.58%, from its previous close of Rs805.35 on the BSE.

The scrip opened at Rs796.10 and touched a high and low of Rs804 and Rs777.20, respectively. A total of, 43,83,813 (NSE+BSE) shares have traded on the counter. The current market cap of the company is Rs78,577.38cr.

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