Vardhman Textiles to turn ex-date for buyback

Shares of Vardhman Textiles will turn ex-date on Thursday for the proposed buyback. The company plans to buy back 61.3 lakh shares at ₹1,150 apiecee through the tender offer route on proportionate basis. For investors who wish to participate in the proposed buyback offer, Wednesday is the cut-off date to acquire the shares of Vardhman Textiles, as the company has fixed December 9 as record date. The stock will remain in focus.