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.
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.