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Lakshmi Machine Works Limited – INDIA – Buyback

Lakshmi Machine Works Limited – Tender Offer Stock quotes may be delayed unless otherwise stated SUMMARY POTENTIAL BUYBACK ANNOUNCEMENT On October 21, 2016, Lakshmi Machine Works Limited (BSE:500252) announced that it intends to initiate an equity buyback on October 26, 2016. The Company’s Board of Directors will consider a share repurchase program under which, the company will buyback its own shares. Share Price = INR 4343.50 At the time of potential buyback announcement, the terms…