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Balrampur Chini Mills Buyback Letter of Offer

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Capital Market
Last Updated : May 08 2019 | 4:04 PM IST

As on Record date 18 April 2019

Balrampur Chini Mills announced that the Company received Letter of Offer to buyback up to 84,38,327 fully paid-up equity shares of face value of Rs 1/- each representing 3.69% of the issued, subscribed and paid-up equity shares of the Company, from all eligible shareholders as on the Record Date i.e., Thursday, 18 April 2019 on a proportionate basis, through the 'tender offer' process, at a price of Rs 175 per equity share, payable in cash, for an aggregate maximum amount of Rs 147,67,07,225, excluding the transaction costs

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First Published: May 08 2019 | 3:47 PM IST

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