CURRENTLY OPEN IDEAS ARE AVAILABLE FOR MEMBERS ONLY.
NLC India Limited – INDIA – Buyback
NLC India Limited – Tender Offer Stock quotes may be delayed unless otherwise stated SUMMARY POTENTIAL BUYBACK ANNOUNCEMENT On January 25, 2017, NLC India Limited (BSE:513683) announced that it intends to initiate an equity buyback on January 31, 2017. The Company’s Board of Directors will consider a share repurchase program under which, the company will buyback its own shares. Share Price = INR 93.35 At the time of potential buyback announcement, the terms of buyback i.e. mode of…