Comments
The buyback committee of the board of directors of Matrimony.com Ltd on Wednesday approved the final buyback price of ₹1,150 a share with a offer size of ₹75 crore. The total number of shares to be bought back in the buyback would be up to 6.52 lakh equity shares, representing 2.85 per cent of the equity shares in the total paid-up equity share capital.
The buyback would be through tender offer route, on a proportionate basis.
The board fixed July 4 as the record date for the purpose of determining the names of the equity shareholders who are eligible to participate in the buyback and their entitlements.
Shares of Matrimony.com jumped 6.53 per cent at ₹821 on the BSE as compared to the previous close of ₹770.70.
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.