Shares of Clariant Chemicals will remain in focus, as the buyback offer, which kicks off on Tuesday, will close on October 7. The company plans to buy back more than 35.78 lakh shares for ₹340 crore through the tender route on proportionate basis. The company has fixed the buyback price at ₹950 a share. The maximum number of equity shares proposed to be bought back represents 13.42 per cent of the paid-up equity share capital of Clariant Chemicals.
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