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Technocraft Industries (India) Limited – INDIA – Buyback

Technocraft Industries (India) Limited – Tender Offer Stock quotes may be delayed unless otherwise stated SUMMARY POTENTIAL BUYBACK ANNOUNCEMENT N/A TENDER OFFER ANNOUNCEMENT On November 6, 2015, Technocraft Industries (India) Limited (BSE:532804) announced a tender offer to buyback 5.23 million shares at a buyback price of INR 270.00 per share. This represents a spread of 23.0% over the market price of INR 219.50 per share, as of the announcement date. The proposed buyback shares…