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Completion of Buy-back Offer

| Updated on November 07, 2014 Published on November 07, 2014

Edelweiss Financial Services Ltd has informed BSE that pursuant to a Resolution passed by the Board of Directors of Edelweiss Financial Services Limited (“Company”) on April 23, 2014, the Company had launched an Offer for Buy-back of its equity shares. Accordingly the Company had issued a Public Announcement dated April 28, 2014 and commenced buy-back of its shares from May 05, 2014.

As per the Public Announcement dated April 28, 2014, the Buy-back commenced on May 05, 2014 and was to be closed on November 04, 2014. In view of the Stock Exchange Trading Holiday on November 04, 2014, the Buy-back programme completed on November 03, 2014.

The Company will therefore not place any further buy orders under the said Buy-back offer post closure of the Buy-back Offer.

The Company has completed the extinguishment process in compliance with disclosures in Point 4.2.3 of the Public Announcement and Regulation 16 of the Securities and Exchange Board of India (Buy-back of Securities) Regulations, 1998, as amended.

Source : BSE - www.bseindia.com

Published on November 07, 2014
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