ANG Auto Limited, has informed the exchanges that a meeting of the Board of Directors will be held on 12th November 2007, to consider the Buy back of shares.
The maximum buy back of the shares will be up to 25% of the Paid up Capital and from the free Reserves of the company. The board will take the approval of the share holders of the company for the Buy back offer.
ANG Auto Buy back offer price and other details will be announced after the Board meeting on November 12, 2007.
The share price of the company today closed at Rs. 130.50 up 8.43% on the BSE.
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