Garware Technical Fibres Ltd - Board Of Director Of The Company At Their Meeting Held On 27Th November, 2020, Considered And Approved The Buyback Of Equity Shares Of The Company

The Board of Directors of the Company in the Board Meeting held on 27th November, 2020 considered and approved the proposal for buyback of up to 3,17,391 fully paid up equity shares of the Company having a face value of Rs 10/- each from all shareholders/ beneficial owners of the Equity Shares of the Company, including promoters and members of the promoter group, through the 'tender offer' route, using mechanism for acquisition of shares through stock exchange, at a price of INR 2,300/- per Equity Share, payable in cash, for an aggregate amount not exceeding INR 72,99,99,300/-