KPR Mill: Board meets to consider buyback

The board of directors of KPR Mill will meet on Thursday to consider a proposal for buyback. Shareholders will closely monitor the issue size, quantum of shares to be bought back and the buyback price, if the board approves the proposal. Besides, promoters’ intention on participating in the buyback will also keenly watched by the shareholders. The mode of buyback — open market purchase or through tender route — and the record date will also be of the interest to investors.