Business Standard

Motilal Oswal Financial Services announces closure of buyback offer

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Capital Market

Closure date is 09 June 2014

Motilal Oswal Financial Services announced that the Company has bought back 70,72,701 equity shares of Re 1 each fully paid (i.e. 94.30% of the maximum buyback offer shares) up to 06 June 2014 proposed under the buyback offer which was approved by the Board of Directors at the meeting held on 27 April 2013.

Consequent to the aforesaid buyback, the buyback is scheduled to close after trading hours on 09 June 2014.

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First Published: Jun 06 2014 | 5:21 PM IST

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