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Crompton Greaves Ltd's Board Approves Buy-Back Of Equity Shares
Crompton Greaves Ltd announced that the board of directors at its Meeting held on June 28, 2013, have approved the buy-back of fully paid Equity Shares of INR2 each of the Company, from the open market through the Stock Exchanges, at a price not exceeding INR125 per share, upto an amount of INR2.657 billion, being 10% of the total Paid-Up Equity Capital plus Free Reserves as per the audited Balance Sheet of the Company for the year ended March 31, 2012.
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