Business Standard

Board of Majesco approves buyback of shares up to 74.70 lakh equity shares

Image

Capital Market

At meeting held on 08 October 2020

The Board of Majesco at its meeting held on 08 October 2020 has approved the proposal to buyback upto 74,70,540 fully paid equity shares of Rs. 5 each of the Company (being 25% of the total paid-up equity capital of the Company as on 30 September 2020) at a price of Rs. 845 per Equity Share for an aggregate amount not exceeding Rs. 631.26 crore (being less than 25% of the total paid-up equity capital and free reserves of the Company as on 30 September 2020).

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Oct 08 2020 | 2:51 PM IST

Explore News