Board of Oil & Natural Gas Corpn approves buyback of shares

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Capital Market
Last Updated : Dec 20 2018 | 3:16 PM IST

At meeting held on 20 December 2018

The board of Oil & Natural Gas Corpn at its meeting held on 20 December 2018 has approved Buyback of equity shares of the Company not exceeding 25,29,55,97 4 equity shares being 1.97% of the total paid-up equity shares of the Company at the price of Rs 159 per equity share payable in cash for an aggregate consideration not exceeding Rs 4022 crore which is 2.34% of the aggregate of the fully paid-up equity share capital and free reserves as per the latest audited standalone accounts of the Company for the financial year ended 31 March 2018.

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First Published: Dec 20 2018 | 2:56 PM IST

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