Sterlite Technologies approves buyback of stocks up to Rs. A hundred forty five crore

Sterlite Technologies approves buyback of stocks up to Rs. A hundred forty five crore

by admin- Tuesday, March 24th, 2020 03:40:52 PM

The Board of Directors of the organization at its meeting hung on March 24, has approved a percentage buyback worth Rs. A hundred forty five crore. The organization will buyback equity stocks of Rs. 2 each at a fee of Rs. One hundred fifty in step with percentage. The buyback fee is at a top rate of 136% to March 23 remaining fee of Rs. 63.Fifty five.

The buyback size represents nine.95% of the total paid-up equity capital.

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