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The respective buyback offers of Pidilite Industries and Savita Oil Technologies will open for subscription on Thursday. Pidilite Industries plans to buy back up to 50 lakh shares from eligible shareholders (record date: February 12) at ₹1,000 a share.
Savita Oil’s offer is for 2.80 lakh shares at a price of ₹1,605 a share from eligible investors (RD: February 9). Both the buyback offers will be on proportionate basis through the tender offer route and closes on March 15.
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