buy back of shares

    Posted By : CS Shiriti / Published on : 28-Feb-2018 12:21 AM / View : 248 / Comment : 1
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    What is the limit prescribed for buy back of shares?
    Read more on : shares back

    • There are two limits as on date have been prescribed for Bou-back: 

      1) The limit required approval from the Board: Not more than 10 % of the paid-up + free reserve

      2) The limit required approval from shareholders resolution: Not less than 10 % and more than 25 % of the paid-up + free reserve. 

      16-08-2018 / 06:09:33 AM

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