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eClerx Services Limited – INDIA – Buyback

On December 15, 2017, eClerx Services Limited (BSE:532927) announced that it intends to initiate an equity buyback on December 22, 2017. The Company's Board of Directors will consider a share repurchase program under which, the company will buyback its own shares. On December 22, 2017, eClerx Services Limited (BSE:532927) announced a tender offer to buyback 1.29 million shares at a buyback price of INR 2000.00 per share. This represents a spread of 33.0% over the market price of INR 1503.85 per…