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Gujarat Apollo Industries announces closure of buyback offer

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Capital Market

With effect from 30 June 2014

Gujarat Apollo Industries announced that the Buyback Committee of the Board of Directors of Company at its meeting held on 20 June 2014 has decided to close the buyback offer with effect from 30 June 2014.

The Company has bought back 14,19,673 equity shares from 05 February 2014 to 22 May 2014 at various price levels not exceeding the maximum buyback price of Rs 125 per share, for an aggregate amount of Rs 1528.66 lakh (which is 92.65% of Rs 1650 lakh, the maximum amount which can be utilised for buyback).

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First Published: Jun 20 2014 | 5:03 PM IST

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