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Ambika Cotton Mills to consider buyback of shares along with financial results

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Capital Market

On 11 November 2016

Ambika Cotton Mills announced that at the meeting of the Board of Directors of the Company convened on 11 November 2016, for considering and taking on record the Unaudited Financial Results for the Quarter/Six Months ended September 30, 2016, it is also proposed to consider the proposal for buyback of equity shares of the Company in compliance with the provisions of Sections 68, 69, 70 and other applicable provisions of the Companies Act, 2013 and rules made thereunder and Regulation 15 (Chapter IV ) of Securities and Exchange Board of India (Buy-back of Securities) Regulations, 1998.

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First Published: Nov 08 2016 | 4:12 PM IST

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