What to watch. SKF India board to meet for results, buyback

The board of directors of SKF India Ltd will meet on Wednesday to consider and approve the financial results for the period ended September 30, 2018. The company will also consider a proposal for buyback of fully paid-up equity shares. Shareholders of the bearing manufacturer will closely monitor the issue size, price and the number of shares to be bought back. Besides, the mode of buyback — whether through tender route or open market — will also attract investors’ interest.