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Shares of SJVN and Unichem Laboratories touched their 52-week high, gaining 15.65 per cent and 6.65 per cent, respectively in early trade, as both the companies will consider buyback of equity shares on January 8, 2018.
The board of directors of SJVN at its meeting on January 8 will consider the proposal for buyback of the fully paid-up equity shares of the company. For prevention of insider trading in dealing with securities of SJVN, the trading window will remain closed from January 3-10 (both days inclusive).
Unichem Laboratories board meeting will also be held on January 8, 2018 to consider a proposal for buyback of fully paid-up equity shares of the company. The company will also consider and approve the audited results for the period ended December 31, 2017.
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