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Pidilite Industries Limited – INDIA – Buyback

On December 20, 2017, Pidilite Industries Limited (BSE:500331) announced that it intends to initiate an equity buyback on December 26, 2017. The Company's Board of Directors will consider a share repurchase program under which, the company will buyback its own shares. On December 26, 2017, Pidilite Industries Limited (BSE:500331) announced a tender offer to buyback 5.00 million shares at a buyback price of INR 1000.00 per share. This represents a spread of 8.0% over the market price of INR…