Brief: KPR Mill approves proposal to buyback shares worth 970.2 mln rupees

KPR Mill

07/12/2016 08:51

Dec 7 (Reuters) - KPR Mill Ltd  KPRM.NS  
    * Approves proposal to buyback equity shares worth aggregate 
consideration not exceeding INR 970.2 million 
 
Source text: [K.P.R. Mill Limited has informed the Exchange that 
the Board of Directors of the Company in their meeting held on 
December 07, 2016 has unanimously inter-alia: Approved the 
proposal to buyback of not exceeding 14,70,000 (Fourteen Lakhs 
Seventy Thousand) equity shares of the Company (representing 
1.95% of the total number of equity shares in the paid-up share 
capital of the Company) at a price of Rs.660/- (Rupees Six 
Hundred and Sixty only) per equity share payable in cash for an 
aggregate consideration not exceeding Rs 97,02,00,000/- (Rupees 
Ninety Seven Crores and Two lakhs only)] 
 
Further company coverage:  KPRM.NS  
 
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