Comments
Specialty chemical firm Aarti Industries’ board will meet later this week to consider a proposal for buyback of its shares, the company said today. “A meeting of board of directors is scheduled to be held on December 21 to consider a proposal pertaining to buyback of the fully-paid shares of the company,” Aarti Industries said in a BSE filing.
It, however, did not elaborate on the size of the buyback. Aarti Industries is India’s leading producer of benzene-based basic and intermediate chemicals. It is one of the leading suppliers of dyes, pigments, agro-chemicals, pharmaceuticals and rubber chemicals to global manufacturers. The stock of the company was trading at Rs 955, up 0.67 per cent, on the BSE.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.