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Kaveri Seed approves share buyback of Rs 200 crore

Kaveri Seed approves share buyback of Rs 200 crore

Monday, March 27, 2017, 3:28 PM

Kaveri Seed Company, announced that it has approved the buyback of fully paid-up equity shares of face value Rs.2 each not exceeding 29,62,963 equity shares. They represent 4.29% of the total paid-up equity share capital of the company. The buyback will be at a price of Rs.675 per equity share which will be payable in cash for an aggregate amount not exceeding Rs.200 crore.
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