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IIFL Securities Ltd - Announcement under Regulation 30 (LODR)-Closure of Buy Back
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15 Feb 2021
This is further our letter dated December 24, 2020 regarding submission of the Public Announcement dated December 24, 2020 for the Buy Back.&lt;BR&gt; The Company commenced the Buy Back on Wednesday, December 30, 2020 (&apos;Commencement Date&apos;), in accordance with the procedure provided under the Buyback Regulations.&lt;BR&gt; In this regard, please be informed that the Company has upto February 15, 2021 bought back 1,70,00,394 Equity shares, at an average price of Rs. 50.99 per equity share and deployed an amount of approximately Rs. 86,68,19,665/- (excluding Transaction Costs), which represents 96.31 % of the Maximum Buy Back Offer Size. &lt;BR&gt; The Buy Back Committee of the Company has decided and approved the closure of the Buy Back with effect from today, i.e., February 15, 2021 which is prior to the expiry of six months from the Commencement Date.
View all announcements for IIFL Securities Ltd Source: BSE India

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