Latest News Site

News

Tata Investment Corp’s board approves shares buyback

November 17
02:48 2018

Mumbai, Nov 17 (IANS) Tata Investment Corporation on Friday said that its Board of Directors has approved a proposal to buyback 8.17 per cent of the total paid-up equity share capital of the company.

According to a regulatory filing, the buyback will be for an aggregate amount not exceeding Rs 450 crore at Rs 1,000 per equity share.

“The buyback is subject to approval of the members by means of a special resolution through a postal ballot,” the company said in a regulatory filing.

“The public announcement setting out the process, timelines and other requisite details will be released in due course in accordance with the buyback regulations.”

The firm invests in a diversified portfolio of quoted and unquoted securities of companies, including Tata Companies, which are engaged in various businesses.

IANS

Tata Steel net profit jumps to Rs 3,116 cr in Q2

Shop Association
kallu
Novelty Fashion Mall
Fly Kitchen
Harsha Plastics
Status
Prem-Industries
Tanishq
Akash
Swastik Tiles
Reshika Boutique
Paul Opticals
New Anjan Engineering Works
The Raymond Shop
Metro Glass
Krsna Restaurant
Motilal Oswal
Chotanagpur Handloom
Kamalia Sales
Home Essentials
Abhushan
Raymond

About Author

admin_news

admin_news

Related Articles

0 Comments

No Comments Yet!

There are no comments at the moment, do you want to add one?

Write a comment

Write a Comment

Sponsored Ad

SPONSORED ADS SPONSORED ADS SPONSORED ADS

LATEST ARTICLES

    चाणक्य के अनमोल विचार : भाग-17

चाणक्य के अनमोल विचार : भाग-17

0 comment Read Full Article

Subscribe to Our Newsletter