Binani Cement Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 23, 2010, has approved the buy back of upto 1,45,00,000 Equity Shares of Rs. 10/- each of the Company through tender offer from non promoter shareholders representing 7.14% of the existing paid up Capital of the Company at a price of Rs. 90/- per share aggregating to Rs. 130.50 Crores which will be within the maximum permissible limit of 25% of the paid up share capital and free reserves of the Company and the amendment in the Articles to enable the buy back of shares. The buy back of sha

Answered by rajan, 23 Apr '10 10:20 pm