Monday, March 03, 2025 | 01:36 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Ajanta Pharma gains 5% on share buyback plan, board to meet on Dec 28

The board of directors of the company is scheduled to consider a proposal for buy-back of equity shares on Tuesday, December 28.

Ajanta Pharma gains 5% on share buyback plan
Premium

SI Reporter Mumbai
Shares of Ajanta Pharma were up 5 per cent at Rs 2,160 on the BSE in Friday’s intra-day trade after the company said its board will meet on Tuesday, December 28 to consider a share buyback plan.

“The meeting of the board of directors of the Company is scheduled on Tuesday, December 28, 2021 to consider a proposal for buy-back of equity shares including matters related /incidental thereto,” Ajanta Pharma said on Thursday after market hours.

Buyback is a corporate action in which a company buys back its shares from the existing shareholders usually at a price higher

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in