Comments
Shares of Swaraj Engines and Technocraft Industries (India) will turn ex-date on Thursday for the proposed buyback. Swaraj Engines plans to buy back 2.94 lakh shares (worth ₹70.73 crore) at ₹2,400 a share. Mahindra & Mahindra had indicated it would tender a maximum of 97,915 shares and Kirloskar Industries 51,254 equity shares in the buyback. Through the ₹147-crore buyback, Technocraft plans to mop up 28 lakh shares at a price not exceeding ₹525 a share.
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.