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Shares of Mayur Uniquoters climbed 7 per cent to Rs 272 on the BSE on Wednesday after the company announced that it would be buying back 1.65 per cent of the share capital at Rs 400 per share.
The company said it would buy shares amounting to Rs 30 crore, with promoters intending to participate in the buyback as well. The promoters held 61.48 per cent stake in the textiles company. The record date for the same is fixed as November 25, 2020.
“The buyback is proposed to be made to all existing shareholders of the Company on
The company said it would buy shares amounting to Rs 30 crore, with promoters intending to participate in the buyback as well. The promoters held 61.48 per cent stake in the textiles company. The record date for the same is fixed as November 25, 2020.
“The buyback is proposed to be made to all existing shareholders of the Company on
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