Comments
Shares of Akzo Nobel India Ltd flared up by more than 10 per cent on the BSE after the company announced that its board of directors would evaluate the possibility of share buyback on February 14.
On the BSE, the share was quoting at Rs 903.05, up by Rs 87.80 or 10.77 per cent.
The company said that the board meeting on February 14, apart from considering the quarterly results, will evaluate the possibility of a share buyback proposal from minority shareholders for implementation at the earliest opportunity and examine a proposal for review of the royalty arrangement with Akzo Nobel NV.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.