Mcleod Russel has approved the proposal to buyback the equity shares of the company.

The company’s board of directors has given approval to the proposal of buyback of its fully paid-up equity shares, having face value of Rs.5 each, for a price not exceeding Rs.210 per equity share from the shareholders of the company.

Further, the buyback of the shares shall not exceed 47,61,904 equity shares, constituting 4.35% of the total number of paid-up equity shares of the company.

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