Bajaj Consumer board approves proportion buyback by admin- Friday, December 9th, 2022 03:35:51 PM
Bajaj Consumer Care board has authorised the concept to shop for lower back as much as 33,70,416 completely paid up equity shares having a face fee of Re. 1 every representing upto 2.28% of the whole number of equity shares in the paid-up fairness percentage capital of the corporation through the open marketplace direction, at a price of Rs. 240 in step with percentage (at premium of 33% to existing CMP of Rs. 178 per percentage) for a maximum quantity no longer exceeding Rs. 89.9 crore representing 9.66% and 10% of the mixture of the fully paid-up equity share capital and unfastened reserves of the agency. The approx. Buyback minimum acceptance ratio is 15%.