At meeting held on 30 May 2017
Renaissance Jewellery announced that the Board of Directors of the Company at its meeting held on 30 May 2017, inter alia, has approved the buyback of up to 2,00,000 (Two Lacs Only) Equity Shares of the Company (the Equity Shares) of the face value of Rs. 10 each at a price of Rs. 250/- per Equity Share aggregating to Rs. 5,00,00,000/- (Rupees Five Crore only) through the "Tender Offer" route as prescribed under the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 1998, as amended (the "Buyback Regulations") on a proportionate basis from the shareholders as on the record date (to be decided later), subject to the regulatory approvals and compliances required under applicable laws.Powered by Capital Market - Live News
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