JB Chemicals buyback offer opens on Monday

| Updated on December 13, 2019 Published on December 14, 2019


The buyback offer from JB Chemicals & Pharmaceuticals will open for subscription on Monday and close on December 30. The company plans to buy back 29.54 lakh shares at a price of ₹440.

The company said it proposes to utilise an aggregate amount not exceeding ₹130 crore for this buyback, which represents 9.33 per cent of the total paid-up equity share capital. Shareholders holding the equity shares as on the record date of November 22 will be eligible to participate in the buyback.

Published on December 14, 2019
This article is closed for comments.
Please Email the Editor