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URL copied NIIT share buyback price fixed at Rs 240 NIIT buyback price, NIIT buyback date: NIIT Shares of NIIT Ltd rallied 19.98 per cent or Rs 27.55 to end at Rs 165.45 on Thursday on account of buyback news. NIIT is one of India s top skills and talent development firms. NIIT said that the buyback price has been fixed at Rs 240 apiece. NIIT buyback offer will open on April 12. The closing date has been set for April 28. NIIT in a regulatory filing said that it has received final observations from the Securities and Exchange Board of India (SEBI) on the draft letter for the buyback offer. The company will dispatch the letter of offer for the buyback to eligible shareholders, appearing on the record date of February 24, 2021, on or before April 5, 2021. ....
NIIT rallies after co says share buyback to begin on April 12 SECTIONS Last Updated: Apr 01, 2021, 09:58 AM IST Share Synopsis The company said it has received final observations from Sebi on the draft letter of offer. The company said its up to Rs 237 crore buyback offer will open on April 12. NEW DELHI: NIIT shares rallied 14 per cent on Thursday after the skills and talent development firm said its up to Rs 237 crore buyback offer will open on April 12. In a filing to BSE, the company said it has received final observations from Sebi on the draft letter of offer. In accordance with the SEBI (Buy-Back of Securities) Regulations, 2018, the company will dispatch the letter of offer for the buyback to eligible shareholders, appearing on the record date of February 24, 2021, on or before April 5, 2021. ....