Comments
The board of Quick Heal Technologies on Wednesday approved a proposal to buyback shares of the company at ₹245 a share. The company will buyback 63.26 lakh shares, which is 9.85 per cent of the total paid-up equity share capital of the company, for ₹155 crore. The buyback will be on a proportionate basis under the tender offer route. The buyback is subject to approval of the members by means of a special resolution through a postal ballot. Shares of Quick Heal jumped 11.47 per cent at ₹204.10 on the BSE.
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.