A meeting of the Board of Directors of Baba Arts Ltd will be held on June 02, 2016, to fix the final price for buy back of up to 2,58,00,000 equity shares of the face value of Re. 1/- each subject to approval of the shareholders for the proposed buy back of equity shares of the Company through Postal Ballot process, the results whereof would be declared at 5.30 p.m. on June 02, 2016.
The Board will also fix the Record Date for ascertaining the names of shareholders who would be eligible to participate in Buy Back Offer.
Shares of BABA ARTS LTD. was last trading in BSE at Rs.2.85 as compared to the previous close of Rs. 2.8. The total number of shares traded during the day was 5500 in over 6 trades.
The stock hit an intraday high of Rs. 2.85 and intraday low of 2.68. The net turnover during the day was Rs. 15490.