Brief: IFL Enterprises Says Board Discussed Proposal For Buy-Back
01/11/2023 05:31
Nov 1 (Reuters) - IFL Enterprises Ltd IFLE.BO :
* BOARD DISCUSSED PROPOSAL FOR BUY-BACK & BELIEVE THAT
AVAILABLE
FUNDS COULD BE BETTER UTILIZED IN OTHER STRATEGIC INVESTMENTS
* APPROVED BONUS ISSUE OF SHARES IN RATIO OF 1:5
* BOARD OF DIRECTORS WILL DISCUSS DECISION TO OFFER BUY BACK
TO
SHAREHOLDERS OF COMPANY IN NEXT AGM
Source text for Eikon: ID:nBSE8FM6Mt
Further company coverage: IFLE.BO
((Reuters.Briefs@thomsonreuters.com;;))
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