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Responsive Industries Limited – INDIA – Buyback
On October 9, 2018, Responsive Industries Limited (BSE:505509) announced that it intends to initiate an equity buyback on October 17, 2018. The Company's Board of Directors will consider a share repurchase program under which, the company will buyback its own shares. On October 17, 2018, Responsive Industries Limited (BSE:505509) announced a tender offer to buyback 20.75 million shares at a buyback price of INR 77.00 per share. This represents a spread of 5.0% over the market price of INR 73.30…