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Elegant Marbles and Grani Industries Limited – INDIA – Buyback

On November 22, 2017, Elegant Marbles and Grani Industries Limited (BSE:526705) announced that it intends to initiate an equity buyback on November 28, 2017. The Company's Board of Directors will consider a share repurchase program under which, the company will buyback its own shares. On November 28, 2017, Elegant Marbles and Grani Industries Limited (BSE:526705) announced a tender offer to buyback 0.84 million shares at a buyback price of INR 205.00 per share. This represents a spread of 9.5%…