ECT 25.0% 0.3¢ environmental clean technologies limited.

Ann: Trading Halt, page-79

  1. 2,137 Posts.
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    Very good point, Stalktock. You are right-

    Approved. the proposal to buyback of not exceeding 10,20,40,815 equity shares(repr'gs~ntirig 3.23% of the total number of equity shares in the paid-up share capital of the 1. . I~ '..•. ~l .. - .Company) at a price of Rs. 98 (Rupees Ninety-Eight only) per equity share (the "Buy BackOffer_Price") payable in cash for an aggregate consideration not exceeding Rs. 1,000 Crore(Rupees dne Thousand Crore only) (the "Buyback Offer Size") representing 4.11 % of theagmeg9te. of the fully paid-up equity share capital and free reserves as per the auditedsta n~aibne finahcial statements of the Company for the financial year ended March 31, 2018(the,,. ~a st ·raudited financial statements available as on the date of Board meetingrecoinfu0e.nd.ing the proposal of the Buyback) and is within the statutory limits of 10% (TenPe~cent) of the aggregate of the fully paid-up equity share capital and free reserves underthe bbard of directors approval route as per the provisions of the Companies Act, 2013 fromall the equity shareholders of the Company, as on the record date, on a proportionate basisthrough' a Tender Offer route in accordance the Securities and Exchange Board of India(Buy:B~ick of Securities) Regulations, 2018 (the "Buyback Regulations") (hereinafter referredto as the "Buyback"), subject to all other applicable statutory approvals.


    https://www.nmdc.co.in/Investor%20News/Handlers/DownloadFile.ashx?ID=44af464a-c15c-4abc-8097-8fee3dede003

    This is the whale we are dealing with. If Warren Buffett wanted to have dinner at my place, he would be afforded every comfort and he could take as much time as he needs. Because I know the wnd result will be worth it.

 
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