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Board of Majesco approves buyback of shares up to Rs 631.26 crore

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Capital Market
Last Updated : Oct 08 2020 | 10:16 AM IST

At meeting held on 08 October 2020

The Board of Majesco at its meeting held on 08 October 2020 has approved the proposal for buyback upto 74,70,540 fully paid equity shares of Rs. 5 each of the Company (being 25% of the total paid-up equity capital of the Company as on 30 September 2020) at a price of Rs. 845 per Equity Share (Buyback Price), for an aggregate amount not exceeding Rs. 631,26,06,300 (Buyback Size) (being less than 25% of the total paid-up equity capital and free reserves of the Company as on 30 September 2020).

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First Published: Oct 08 2020 | 10:02 AM IST

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