GODAWARI POWER & ISPAT LTD. - Announcement under Regulation 30 (LODR)-Public Announcement-Buyback of Shares
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| 21 Mar 2023 | |
| This is in furtherance to our intimation dated March 18, 2023 informing the stock exchanges, that the Board of Directors of the Company has approved the proposal of Buy-back of 50,00,000 (Fifty Lakhs) fully paid-up equity shares of the Company of face value of Rs. 5 each at a price of Rs. 500 (Rupees Five Hundred only) per equity share, on a proportionate basis, through the tender offer route ('Buyback'), in accordance with the provisions of the Companies Act, 2013, and rules made thereunder, and Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018, as amended ('SEBI Buyback Regulations') and other applicable laws. In this regard, please find enclosed: (a) A copy of the Public Announcement, as published in newspapers; and (b) Certified true copy of the resolution passed by the Board of Directors on dated March 18 2023 for approving the proposal of Buyback. You are requested to kindly take the same on record. | |
| View all announcements for GODAWARI POWER & ISPAT LTD. | Source: BSE India |
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