JB Chemicals' board approves share buy-back for up to Rs 130 crore
Updated : August 31, 2018 03:09 PM IST
The company has offered to pay Rs 390 per share.
This excludes transaction costs such as fees, brokerage, taxes and duties, JB Chemicals said in a BSE filing.
The Board of Directors of the company has, at its meeting held today, approved the buy-back of up to 33,33,333 fully paid-up shares of the company through the 'Tender Offer' route, it added.