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Savita Oil Technologies Limited – INDIA – Buyback

On January 18, 2018, Savita Oil Technologies Limited (BSE:524667) announced that it intends to initiate an equity buyback on January 23, 2018. The Company's Board of Directors will consider a share repurchase program under which, the company will buyback its own shares. On January 23, 2018, Savita Oil Technologies Limited (BSE:524667) announced a tender offer to buyback 0.28 million shares at a buyback price of INR 1605.00 per share. This represents a spread of 0.9% over the market price of INR…

Alembic Limited – INDIA – Buyback

On January 18, 2018, Alembic Limited (BSE:506235) announced that it intends to initiate an equity buyback on January 23, 2018. The Company's Board of Directors will consider a share repurchase program under which, the company will buyback its own shares. On January 23, 2018, Alembic Limited (BSE:506235) announced a tender offer to buyback 10.25 million shares at a buyback price of INR 80.00 per share. This represents a spread of 20.3% over the market price of INR 66.50 per share, as of the…