Vi­nati Or­gan­ics to turn ex-date for buy­back

The Hindu Business Line - - FRONT PAGE -

Shares of Vi­nati Or­gan­ics will turn ex-date for the pro­posed buy­back, which will be done on pro­por­tion­ate ba­sis through the ten­der of­fer route. It plans to pur­chase up to two lakh shares, rep­re­sent­ing 0.39 per cent of the to­tal cap­i­tal base, from all the share­hold­ers at a price of ₹1,200 a share. Only share­hold­ers whose names ap­pear on the com­pany’s books as of Septem­ber 1 will be el­i­gi­ble to par­tic­i­pate in the buy­back of­fer.

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