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PVR INOX Approves ₹300 crore Share Buyback at ₹1,450; Record Date Sept 4

PVR INOX logoPVR INOX
Sig2.81Sen+3.33Env0.00Soc+0.17Gov+1.80

PVR INOX Ltd approved a buyback of up to 20,68,965 fully paid-up equity shares at ₹1,450 per share, for an aggregate amount of up to ₹300 crore, via the tender offer route. The buyback totals 2.11% of existing paid-up equity share capital and is payable in cash on a proportionate basis. The record date is set for Sept 4, with promoters intending to participate.

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