At meeting held on 28 November 2017
Swaraj Engines announced that the Board of Directors of the Company at its meeting held on 28 November 2017 has approved Buyback proposal for purchase by the Company of its own fully paid equity shares of Rs.10/- each ('Equity Share') not exceeding 2,94,746 Equity Shares (being 2.37% of the total paid-up equity capital of the Company) at a price of Rs. 2400/- (Rupees Two Thousand Four Hundred only) per Equity Share ('Buyback Offer Price'), for an aggregate amount not exceeding of Rs.70,73,90,400/- (Rupees Seventy Crores Seventy Three Lakhs Ninety Thousand Four Hundred Only) (hereinafter referred to as the 'Buyback Offer Size').Powered by Capital Market - Live News
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