/ TTK Prestige Approves Buyback Up To 1,00,000 Fully Paid Equity Shares ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Tuesday, 30 May 2017

The board of directors of TTK Prestige Limited has approved the buyback up to 1,00,000 fully paid-up equity shares of face value of Rs. l0 each of the company.

The buyback represents up to 0.86% of the total number of equity shares of the company at a price of Rs. 7,000 per equity share payable in cash for an aggregate amount of up to Rs. 70 crore.

The board of directors of the company also recommended a final dividend of Rs 12 per equity share (i.e. 120% on the paid up share capital) for the financial year ended March 31, 2017.

TTK Prestige Limited was trading down by 0.78% as at 14.32 on Tuesday, on the BSE.

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