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Cairn India Ltd 57.25 Billion Indian rupee share buyback starts Jan 23 - Business Standard


Tuesday, 14 Jan 2014 01:55am EST 

Cairn India Ltd:Sees to spend up to 57.25 bln Indian rupee to buy back shares - Business Standard.Says the company will buy back shares from Jan. 23 and extinguish them.Says the purchase may include a part of the 10.3 pct stake held by former promoter Cairn Energy Plc.Says the buyback will be open until July 22.Says after completion, Agarwal's Vedanta Group ownership in Cairn India will rise to 64.53 pct from 58.76 pct. 

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