Selan Exploration Tech to buyback shares worth Rs 12.66 cr
Selan Exploration Technology today said it would buyback its shares worth Rs 12.66 crore from the open market at a price of Rs 230 a piece.
By PTI |
MUMBAI: Selan Exploration Technology today said it would buyback its shares worth Rs 12.66 crore from the open market at a price of Rs 230 a piece.
The company would buyback its shares of Rs 10 a piece from the existing shareholders for a maximum price of Rs 230 a piece, Selan Exploration Technology said in a filing to the Bombay Stock Exchange.
The buyback size represents 25 per cent of the aggregate paid-up equity capital of the company.
The offer would open on January 23, while it closes on January 4, 2010, the company added.
Shares of the company settled at Rs 122.05, down 1.85 per cent on the BSE.
The company would buyback its shares of Rs 10 a piece from the existing shareholders for a maximum price of Rs 230 a piece, Selan Exploration Technology said in a filing to the Bombay Stock Exchange.
The buyback size represents 25 per cent of the aggregate paid-up equity capital of the company.
The offer would open on January 23, while it closes on January 4, 2010, the company added.
Shares of the company settled at Rs 122.05, down 1.85 per cent on the BSE.
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