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The buyback offers to the shareholders of SKP Securities and Amforge Industries open for subscription on Friday. SKP plans to buy back 12.15 lakh shares (representing 21.65 per cent of the total equity capital) at ₹51 a share. Amforge has offered ₹6 a share to mop up 34.8 lakh shares (or 23.49 per cent of the paid-up equity capital). Both offers are being made through the tender offer route and closes on September 1. While the record date is June 29 for SKP, it’s June 25 for Amforge’s shareholders.
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