DLF Ltd has informed that the Board of Directors of the Company at its meeting held on July 10, 2008, inter alia, has approved the proposal for Buy-back of equity shares of the Company under first proviso to clause (b) of sub-section (2) of section 77A of the Companies Act, 1956 subject to the exemption by SEBI under the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 with the following terms inter alia,:
- Total consideration amount for Buy-back : Not exceeding Rs 1100 crs.
- Total number of shares for Buy-back : Not exceeding 2.2 Crs.
- Buy-back price per equity share : Not exceeding Rs 600/-.
- Total consideration amount for Buy-back : Not exceeding Rs 1100 crs.
- Total number of shares for Buy-back : Not exceeding 2.2 Crs.
- Buy-back price per equity share : Not exceeding Rs 600/-.
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