 "Apar Industries hits record high ahead of board meet for share buyback")
Apar Industries has rallied 11% to Rs 649, also its record high on the National Stock Exchange (NSE) ahead of board meeting on Friday to consider share buyback proposal.
“A meeting of the board of directors of the company is scheduled to be held on January 06, 2017, to consider matters related to buyback of the fully paid-up equity shares of the company including matters related / incidental thereto,” Apar Industries said in a BSE filing on December 23, 2016.
As of September 30, 2016, the promoters held 58.21% stake in the company. Of the remaining 41.79% holding,
“A meeting of the board of directors of the company is scheduled to be held on January 06, 2017, to consider matters related to buyback of the fully paid-up equity shares of the company including matters related / incidental thereto,” Apar Industries said in a BSE filing on December 23, 2016.
As of September 30, 2016, the promoters held 58.21% stake in the company. Of the remaining 41.79% holding,
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