Quarterly Result13 Feb 2024, 01:46 am
Freshtrop Fruits Ltd. Approves Buyback of Up to 19.25 Lakhs Equity Shares
AI Summary
The Board of Directors of Freshtrop Fruits Ltd. has approved the buyback of up to 19.25 lakhs equity shares at a price of Rs. 175 per share, representing 24.55% of the total paid-up equity share capital and free reserves as per the audited financial statements for the period ended on December 31, 2023, through the 'Tender Offer' route as prescribed under the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018.,
Key Highlights
- Buyback of up to 19.25 lakhs equity shares
- Price of Rs. 175 per share
- 24.55% of total paid-up equity share capital and free reserves
- Tender Offer route as prescribed under the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018