The Anil Ambani-promoted Reliance Infrastructure (R-Infra) has announced to buy back shares worth Rs 700 crore, and the offer will remain open until mid-April.
Shares will be bought at a maximum price of Rs 700 per share, a premium of 27 per cent to the current market price, said a company release. Share prices of the company increased 3.51 per cent today to close at Rs 569.30 from Rs 550 at close of trading yesterday.
