Updated:17 May 2013 03:40:00 PM(IST)
Sensex20286.12
38.79 0.19%
Nifty6187.30
17.40 0.28%
Midcap6613.98
21.77 0.33%
Smallcap6199.19
8.25 0.13%
| Nse Corporate Announcements | Back |
| Reliance Infrastructure Limited - Closure of Buy Back | |
| Reliance Infrastructure Limited has informed the Exchange that the Company had launched a programme for buy-back of its equity shares, pursuant to the resolution passed by the Board of Directors on February 14, 2011 and commenced buy-back from April 11, 2011. The said buy - back programme closed on February 13, 2012 in terms of Section 77A(4) of the Companies Act, 1956, i.e. twelve months from the date of passing of resolution by the Board of Directors of the Company. The Company bought-back 44,30,262 equity shares of Rs. 234.32 crore representing 1.66% of the pre buy-back paid up equity shares at an average price of Rs. 528.91 per equity share. The stock price of the Company which was ruling around Rs. 334 on January 02, 2012 has gone up to Rs. 602 on February 13, 2012, recording a rise of about 80%. |
Site Map • Mobile • Companies • Learning Centre • Insurance • About • Contact us • Disclaimer
©2010 Appuonline.com
©2010 Appuonline.com