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Garware Technical Fibres approves Buyback of Equity Shares

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Capital Market
Last Updated : Oct 25 2022 | 1:04 PM IST

At a price of INR 3,750/- per Equity Share

The Board of Garware Technical Fibres on 21 October 2022 approved the proposal for buyback of up to 2,40,00 fully paid up equity shares of the Company having a face value of Rs 10/- each from all shareholders/ beneficial owners of the Equity Shares of the Company, including promoters and members of the promoter group, through the 'tender offer' route, using mechanism for acquisition of shares through stock exchange, at a price of INR 3,750/- per Equity Share, payable in cash, for an aggregate amount not exceeding INR 90,00,00,000/-.

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First Published: Oct 21 2022 | 12:47 PM IST

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