Mastek Limited (Scrip code: 523704) has announced buyback of its fully paid-up equity shares of face value of Rs.5/- each from the Open
Market through electronic trading mechanism of the Exchange.
The
Maximum Buyback Price would not exceed Rs.250/- (Rupees Two Hundred
Fifty only) per equity share payable in cash for an aggregate amount not
exceeding Rs. 5450 lakhs.
Date of Opening of the Buyback on BOLT
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March 6, 2014
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Last date for the Buyback
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Earlier of :
(a) September 5, 2014; or
(b) when the Company completes the Buyback Offer by deploying the amount equivalent to the Buyback Size; or
(c) when
the Company completes the Buyback Offer to the extent of buying back
Equity Shares to the Maximum Offer Shares provided that the Company has
deployed an amount equivalent to the Minimum Buyback Size; or
(d) at
such earlier date as may be determined by the Board, after giving
notice of such earlier closure, subject to the company having deployed
an amount equivalent to the Minimum Buyback Size (even if Minimum
Buy-Back Size has not been reached or the Maximum Buyback Shares have
not been bought back).
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