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Issue dated - 15th August 2002

Home > Corporate Update > Full Story

Himatsingka Seide to buyback shares
PTI - Bangalore

Himatsingka Seide has decided to enable the board of directors to buyback up to 10 per cent of the paid up capital.

At the AGM held recently, the company amended the articles of association in this regard, without passing a special resolution, as provided under a section of the Companies Act, 1956, a company release said.

“The company had amended the articles only for enabling purposes and there is no proposal for buyback at present,” the release said.

 


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