Shares of Span Divergent (formerly Span Diagnostics) will remain in focus, as the company’s buyback offer kicked off on Tuesday. It will close on October 13.
The company has offered to buy back up to 18.19 lakh shares at ₹65 a share on proportionate basis from eligible shareholders (record date August 21) through the tender route.
A little over 2,800 individual shareholders, holding 31.26 per cent stake in the firm can participate in the offer.