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Board of Allcargo Logistics approves buyback of equity shares

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Capital Market
Last Updated : Nov 08 2016 | 10:47 AM IST

At meeting held on 07 November 2016

Allcargo Logistics announced that the Board of Directors of the Company at its meeting held on 07 November 2016 approved the following -

Buyback of up to 64 lakh equity shares of Rs 2 each representing 2.54% of the total outstanding equity shares of the Company at a price of Rs 195 per share (including a premium of Rs 193 per share).

Record date for buyback of shares is 18 November 2016.

Appoints Shruta Sanghavi as Company Secretary and Compliance Officer with immediate effect.

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First Published: Nov 08 2016 | 10:12 AM IST

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