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Star Cement Ltd - Outcome of Board Meeting

| Updated on June 21, 2019 Published on June 21, 2019

Further to our intimation dated 18th June, 2019 and in terms of the Regulation 30 of the SEBI (LODR) Regulations, 2015, we wish to inform you that the Board of Directors of the Company at its meeting held today, i.e., 21st June, 2019, has unanimously approved a proposal to Buy- Back upto 68,00,000 fully paid-up Equity Shares of Re.1/- each of the Company from all the Equity shareholders of the Company on a proportionate basis through the Tender Offer route using the Stock Exchange Mechanism.

The Board also appointed M/s. Narnolia Financial Advisors Limited as Manager to the Offer and Maheshwari Datamatics Private Limited as Registrar to the Offer.

The Board of Directors of the Company has fixed Friday, 05th July, 2019 as the Record Date for determining the members of the Company who are eligible to participate in the Buy-Back offer of the Company.

The meeting commenced at 3.00 p.m. and concluded at 4.30 p.m

Pdf Link: Star Cement Ltd - Outcome of Board Meeting

Source : BSE - www.bseindia.com

Published on June 21, 2019
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