Bright Brothers Limited has informed that the Board of Directors of the Company at its meeting held on June 26, 2009, has approved buyback of fully paid up equity shares upto maximum of 9,00,000 equity shares of the Company of Rs 10/- each upto maximum price of Rs 50 per equity share aggregating to Rs 450 lacs (Four Crores Fully lakhs only) which is within the limit of Board u/s 77A(2)A&B.
The Company will start buyback on getting necessary consent and making public announcement than ten percent of the total paid-up equity share capital and free reserves of the Company.
The Company will start buyback on getting necessary consent and making public announcement than ten percent of the total paid-up equity share capital and free reserves of the Company.
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