Comments
The buyback offer from Monte Carlo Fashions to its shareholders opens for subscription on Tuesday and closes on April 2. The company plans to buy back 10 lakh shares, representing 4.60 per cent of the total paid-up equity share capital of the company, at ₹550 a share. Only those shareholders whose names had appeared on the company’s records as on February 22 are eligible to participate in the buyback offer, as it would be done through the tender offer route on proportionate basis.
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.