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(For Equity Shareholders holding shares in Dematerialized form) Tender Form BUYBACK OPENS ON BUYBACK CLOSES ON Tuesday, July 12, 2016, Monday, July 25, 2016, For Registrar use Inward No. Date Stamp
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Tender form buy-back opens is a process where a company offers to repurchase its own shares from shareholders at a specified price.
Shareholders who wish to participate in the buy-back offer are required to file a tender form.
Shareholders can fill out the tender form by indicating the number of shares they wish to sell and at what price.
The purpose of tender form buy-back opens is for the company to reduce the number of outstanding shares and potentially increase the value per share.
Shareholders must report the number of shares they wish to sell, the price at which they are willing to sell, and any other requested information.
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