At meeting held on 04 June 2015
Just Dial announced that the Board of Directors of the Company at its meeting held on 04 June 2015, inter alia, has approved the proposal to buyback the fully paid-up equity shares of face value of Rs. 10 each of the Company (Equity Shares) from the shareholders of the Company on a proportionate basis through a tender offer (the Buy-back). The Buy-back shall be up to 25% of the aggregate of paid-up capital and free reserves of the Company at a maximum price Rs. 1,550 per Equity Share, subject to the approval of the shareholders of the Company and approvals of statutory, regulatory or governmental authorities as may be required under applicable law.Powered by Capital Market - Live News