Greaves Cotton buyback to open on October 18

| Updated on October 03, 2019 Published on October 04, 2019


The board of Greaves Cotton on Thursday approved buyback of up to 1.30 crore shares at ₹175 apiece, aggregating up to ₹227.50 crore. The offer would be on a proportionate basis through tender offer. Shareholders whose name had appeared on the record book as on July 11 are only eligible to participate in the buyback,, which opens on October 18 and closes on November 1. The stock is currently ruling at ₹136.30; its 52-week high and low are ₹157.25 and ₹111.10, respectively.

Published on October 04, 2019
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