Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Stock Report

| More

Vaibhav Global Announces Completion of Buyback of its Equity Shares

Posted On: 2019-12-04 17:23:33

Vaibhav Global Limited has announced the completion of Buyback of its equity shares from the open market through the stock exchange mechanism.

The Board, through its resolution dated May 30, 2019, and the members of Vaibhav Global Limited ("Company"), through a special resolution passed through postal ballot dated August 05, 2019, had approved the proposal by the Company to buy back its own fully paid-up equity shares of face value of INR 10/- each ("Equity Shares") from the members of the Company (other than the promoters, the promoter group and persons in control of the Company) payable in cash, for an amount aggregating up to INR 72 crore ("Maximum Buyback Size") at a price not exceeding INR 1,000/- (Rupees One Thousand only) per Equity Share, under the open market route through the stock exchanges.

The Buyback commenced on August 20, 2019 ("Commencement Date"), in accordance with the procedure provided under the Buyback Regulations.

In this regard, please be informed that the Company has,

1) Bought back 8,65,675 Equity Shares at an average price of INR 831.72 per Equity Share

2) Deployed an amount of ~INR 72 crore (excluding transaction costs)

3) Extinguished the bought back shares as per the provisions of Securities and Exchange Board of India (Buyback of Securities) Regulations, 2018

Shares of Vaibhav Global Ltd was last trading in BSE at Rs.807.25 as compared to the previous close of Rs. 807.55. The total number of shares traded during the day was 516 in over 28 trades.

The stock hit an intraday high of Rs. 820 and intraday low of 807.25. The net turnover during the day was Rs. 419961.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

IndiGo launches direct connection between Delhi and Bangkok

mBAJA & eBAJA Design and Technical Evaluation and Dynamic Events held today for BAJA SAEINDIA 2020

Wendt India Ltd announces Q3, 9MFY20 results

ABM Knowledgeware Ltd Q3 consolidated net profit slips to Rs. 3.08 crore

Prestige Estates Projects Ltd consolidated Q3 net profit climbs to Rs. 161.8 crore

EIH Ltd Q3 net profit higher QoQ, YoY

Bank of Baroda reports loss in Q3 FY2020

Eldeco Housing and Industries Ltd announces Q3, 9MFY20 results

BEML CMD gets Most Admired Leader Award

Siemens Ltd to acquire 99.22% in C&S Electric Ltd for Rs. 2100 crore

VST Tillers Tractors Ltd enters into MOU with Zetor Tractors

NHPC declared successful resolution applicant for Jalpower Corporation Ltd

L&T raises Rs. 1000 crore through 6.72% NCDs

Solapur Tollways Pvt Ltd receives completion certificate for part of NH-9 project

Cipla gets 4 observations from USFDA for API facility at Bommasandra, Bangalore

ALLSEC Technologies Ltd consolidated Q3 FY20 net profit at Rs. 8.55 crore

Wendt India Ltd Q3 consolidated PAT falls to Rs. 2.20 crore

Faze Three Autofab Ltd Q3 net profit at Rs. 0.48 crore

Emkay Global Financial Services Ltd Q3 loss at Rs. 1.41 crore

ION Exchange India Ltd consolidated Q3 PAT higher at Rs. 26.31 crore

Shree Bhavya Fabrics Ltd posts net profit of Rs. 0.77 crore in Q3

Mangalam Drugs & Organics Ltd Q3 PAT jumps to Rs. 1.65 crore

ARO Granite Industries Ltd Q3 net profit at Rs. 0.65 crore

JSW Steel Ltd consolidated Q3 PAT declines to Rs. 211 crores

Udaipur Cement Works Ltd posts PAT of Rs. 0.97 crore in Q3

Strides announces successful completion of US FDA inspection at its Alathur facility with Zero 483 observations

Sonata Software Ltd reports Rs.75.86 crores net profit in Q3 FY20

Oriental Hotels Ltd posts consolidated PAT of Rs. 7.31 crore

Kirloskar Ferrous Industries Ltd Q3 PAT increases QoQ to Rs. 23.33 crore

Indian Bank reports Q3 net profit of Rs. 247.16 crore

Sunil Agro Foods Ltd posts net profit of Rs. 0.14 crore in Q3

Triumph Motorcycles and Bajaj Auto commence their global partnership

AMJ Land Holdings Ltd reports consolidated profit of Rs. 4 crore in Q3

Onward Technologies Ltd Q3 net profit drops QoQ, YoY

Oriental Veneer Products Ltd Q3 consolidated PAT jumps to Rs. 8.71 crore

USFDA conducts surprise audit at bioanalytical facility of Jeevan Scientific Technology Ltd

ULTRATECH Cement Ltd Q3 consolidated net profit soars to Rs. 711.25 crores

CG-VAK Software & Exports Ltd Q3 consolidated PAT rises to Rs. 0.94 crore

Atishay Ltd bags work order

ATUL Ltd consolidated Q3 net profit declines QoQ

AAVAS Financiers Ltd Q3 consolidated PAT drops QoQ to Rs. 67.92 crore

NLC India Ltd to raise Rs. 525 crore

Supreme Industries Ltd reports consolidated PAT of Rs. 123.39 crores in Q3

HCL Technologies Honors Global Goodwill Champions at the 2020 World Economic Forum in Davos

A true symbol of Make in India, Maruti Suzuki commences exports of its blockbuster model S-PRESSO

Allahabad Bank board approves capital infusion of Rs. 2153 crore

TCS Named a Leader in Talent Readiness for Next-generation IT Services by Everest Group

Strides receives USFDA tentative approval for Triamcinolone Acetonide Ointment

Alembic Pharmaceuticals announces USFDA Final Approval for Bosentan Tablets, 62.5 mg and 125 mg

Blue Star wins the prestigious 'Golden Peacock Award for Corporate Ethics' for 2019







Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2019