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Board of Gujarat Apollo Industries decides to close buyback program

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Capital Market

At meeting held on 19 September 2017

The Board of Gujarat Apollo Industries has decided to close its ongoing buyback program. The Company has bought back 9,98,085 equity shares from 04 May 2017 to 19 September 2017 at various prices not exceeding maximum buyback price of Rs 189 per share for an aggregate amount of Rs 17.86 crore. The Company has bought back about 78.60% of the proposed maximum buyback quantity of 12,69,841 equity shares.

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First Published: Sep 19 2017 | 7:15 PM IST

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