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ADFFOODS ADF Foods News Story

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Brief: ADF Foods approves share buyback for up to 180 mln rupees

July 27 (Reuters) - ADF Foods Ltd  AMRN.NS : 
 * Approved a buyback of equity shares for an aggregate amount not exceeding 180 
   million rupees 
 
 * Source text: 
Adf Foods Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 27, 2016 has approved a buyback of Equity Shares at a price not exceeding INR 125 per equity share of Rs. 10/- each for an aggregate amount not exceeding INR 18 crore. In view of the same, the Board did not declare interim dividend on the equity shares of the Company. 
 
 * Further company coverage  AMRN.NS   
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