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Engineers India Limited – INDIA – Buyback

Engineers India Limited – Tender Offer Stock quotes may be delayed unless otherwise stated SUMMARY POTENTIAL BUYBACK ANNOUNCEMENT On March 14, 2017, Engineers India Limited (BSE:532178) announced that it intends to initiate an equity buyback on March 20, 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 148.20 At the time of potential buyback announcement, the terms of buyback i.e.…