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Shares of JB Chemicals & Pharmaceuticals will remain in focus, as its board meets on Friday to consider a proposal of buyback. Shareholders would be keen to know the size and price of the buyback issue, besides its promoters' interest.
The mode of buyback - whether through open market purchase or by tender process, will also be watched.
Last year, JB Chemicals had concluded its ₹50-crore buyback, buying back 12.01 crore shares at ₹400/share through the tender route.
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