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Board of Netlink Solutions (India) approves buyback of shares

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Capital Market
Last Updated : Feb 09 2018 | 7:16 PM IST

At meeting held on 09 February 2018

The Board of Netlink Solutions (India) at its meeting held on 09 February 2018 has approved Buy-back of upto 7,41,750 fully Paid-up Equity Shares Rs. 10 each of the Company, from the equity Shareholders of the Company as on a Record Date to be announced later ("Record Date"), for an aggregate amount not exceeding Rs. 1,26,09,750/- (Rupees One Crore Twenty Six Lakhs Nine Thousand Seven Hundred Fifty only) (hereinafter referred to as the "Buy-back Size") being 12.88% of the total paid-up Equity Capital and Free Reserves of the Company as per the latest Audited Balance Sheet as at 31 March 2017, at a price of Rs. 17/- (Rupees Seventeen only) per Equity Share (hereinafter referred to as the "Buy-back Price").

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First Published: Feb 09 2018 | 7:00 PM IST

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