Godawari Power & Ispat approve ₹250 Cr share repurchase
Sat, Mar 18, 2023 6:20 PM

Godawari Power & Ispat approve ₹250 Cr share repurchase

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The board of Godawari Power & Ispat approved a plan to repurchase shares through a tender offer for up to ₹250 Cr. The business informed the stock markets that the board approved the purchase of 50 lakh equity shares with a face value of ₹5 apiece, or 3.66% of all equity shares. "₹500 per share" has been set as the buyback price, which is more than 22% higher than the most recent closing price.

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