Icra, the domestic rating agency has said that it’s board will be meeting later this week for considering a proposal for buyback of equity shares of the company.

Icra has said in a regulatory filing that “Board meeting of the company scheduled to be held on February 9, 2017…At the said meeting, the Board will also consider a proposal for buy-back of the equity shares of the company.”

However, the size of the buyback has not been disclosed by the company. It is going to announce its quarterly result on the said date.

Read EquityPandit’s Nifty Outlook for this week