Buyback offers from Bosch and Bharat Electronics will open on Thursday. Through the ₹2,020-crore buyback offer, Bosch plans to buy back 8.78 lakh shares at a price of ₹23,000 a share. Bharat Electronics plans to buy back 1.66 crore shares at a price of ₹1,305 apiece. BEL and Bosch had fixed September 27 and September 6 as record dates for the respective buybacks. Both the offers are on proportionate basis through the tender route and promoters are likely to particpate.
What to watch. Bosch, BEL buyback offers open on Thursday
Published on
October 5, 2016 15:48
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