Comments
Shares of Indian Oil Corp and KG Denim will remain in focus, as the buyback offers from these firms open on Tuesday and close on February 4. The PSU oil major will buy back about 29.77 crore shares (or 3.06 per cent of the total paid-up equity) at ₹149 a share. KG Denim plans to mop up 21.96 lakh shares at ₹40 a share. Both offers are being done through the tender route on proportionate basis for which the record dates are December 12 and November 30.
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.