Go Fashion announces ₹65 cr share buyback at ₹460
after close1 source ↓written by the desknot a recommendation
- 14,13,000 equity shares
- each
- ₹460
- totaling
- ₹64.99 cr
- of its paid-up
- 2.62%
Go Fashion (India) Limited has authorized a share buyback of up to 14,13,000 equity shares at ₹460 each, totaling ₹64.99 cr. This buyback represents 2.62% of its paid-up equity capital, aimed at enhancing shareholder value by improving Return on Equity (ROE) and Earnings Per Share (EPS). The buyback will be funded from free reserves, ensuring financial prudence.
Not investment advice. For informational purposes only.