Technocraft buyback offer opens on Tuesday

Shares of Technocraft Industries (India) will remain in focus, as the buyback window to its shareholders (through tender offer route) will open for subscription on Tuesday and close on February 15. The company plans to buy back a maximum of 52.26 lakh shares and has fixed the floor price at ₹270 a share, to be paid in cash. Shareholders whose names had appeared on the record book of Technocraft Industries as on January 8 can participate in the buyback.