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BSE hikes buyback offer price...

BSE, the country’s oldest stock exchange,...

BSE hikes buyback offer price to ₹1,080

BSE, the country’s oldest stock exchange, has revised the buyback offer price to ₹1,080 a share against ₹816. The revised offer size has been fixed at ₹375 crore and the it will close on September 14.The exchange intends to buyback 34,70,370 equity shares, representing 2.56 per cent of the paid-up equity capital of the company as on March-end.However, the exchange may get a lukewarm response even for the revised offer prices as the stocks closed at a premium to offer price at ₹1,115 a share on Friday.Last month,...

BSE hikes buyback...

BSE, the country’s oldest stock exchange, has revised the buyback offer price to ₹1,080 a share against ₹816. The revised offer size has...