CARE Ratings Ltd fixes Record Date for Buy-Back of Equity Shares

The Board of Directors of CARE Ratings Ltd had earlier approved the proposal of the Company to Buy-back upto 23,68,000 (Twenty Three Lakhs Sixty Eight Thousand only) fully paid-up equity shares of the Company of face value of Rs.10/- (Rupees Ten only) each at a price of Rs.515/- (Rupees Five Hundred and Fifteen only) per equity share (the "Buy-back") subject to approval from members of the Company.

The members of the Company have approved the Buy-back by passing a special resolution through postal ballot.

The Company has fixed Wednesday, September 14, 2022 as the Record Date for the purpose of determining the entitlement and the names of equity shareholders who shall be eligible to participate in the Buy-back and to whom the letter of offer and tender form shall be dispatched in relation to the Buy-back.

Source : Equity Bulls

Keywords

CARERatings RecordDate Buyback