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HT MEDIA LTD. - Post Buy back Offer
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24 Feb 2014
Kotak Mahindra Capital Company Ltd (&quot;Manager to the Buyback&quot;) on behalf of HT Media Ltd (&quot;Target Company&quot;) has informed this Post Buy back Public Announcement (&quot;PA&quot;) to the Equity Shareholders / Beneficial Owners of the equity shares of the Target Company, with reference to the Public Announcement (PA) dated May 15, 2013 and the subsequent Addendum Public Announcement dated May 29, 2013 (Addendum Public Announcement) in connection with the buyback of equity shares of Rs. 2/- each (Share(s) of HT Media Limited (Company) at a maximum price of Rs. 110/- per equity share for a maximum amount of Rs. 250,000,000/- and for equity shares not exceeding 2,272,727 equity shares via the open market through stock exchanges (&quot;Buyback) in accordance with Section 77A, 77AA and 77B of the Companies Act 1956, the Securities and Exchange Board of India (Buyback of Securities) Regulations, 1998 as amended (&quot;Regulations) and the relevant provisions of the Memorandum of Association and Articles of Association of the Company and subject to such other approvals, permissions and sanctions as may be necessary. The capitalized terms and abbreviations used herein have the same meaning as ascribed to them in the PA unless otherwise specified.
View all announcements for HT MEDIA LTD. Source: BSE India