Shares of Shanthi Gears will remain in focus on Wednesday, as its board of directors meets to mull a buyback proposal and declaration of interim dividend for financial year 2018. Shareholders would be keen to know the issue size and price at which the shares would be bought back. Besides, the mode of buyback (whether through open market purchase or tender offer on proportionate basis) and whether the promoters would participate in the open offer will also evoke keen interest.

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