Technocraft Industries (India) has fixed January 8 as the record date for determining the entitlement and names of equity shareholders to whom the letters of offer will be sent and will be eligible to participate in the buyback.
The company plans to buy back a maximum of 52.26 lakh shares at ₹270 a share, payable in cash. With Thursday being the ex-date, those wishing to particpate in the buyback will have to buy the shares by Wednesday.