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Nalco board approves share buyback worth Rs 504.8 cr

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Press Trust of India New Delhi
Last Updated : Oct 12 2018 | 8:50 PM IST

State-owned Nalco Friday said its board has approved proposal to buyback shares worth Rs 504.8 crore.

National Aluminium Company Ltd in a filing to the BSE said that "the board of directors of the company in their meeting held on October 12, 2018 has unanimously approved....the proposal to buyback not exceeding 6,73,11386 equity shares...in cash for an aggregate consideration not exceeding Rs 504,83,53,950."

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First Published: Oct 12 2018 | 8:50 PM IST

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