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Piramal Ent to buy back 14 mn shares for ₹1.750 crore
Mint Mumbai
|July 29, 2023
Piramal Enterprises Ltd is planning to buy back up to 14 million equity shares for about ₹1,750 crore as part of its strategy to distribute excess capital to its shareholders, the diversified non-bank financier said on Friday.
“It is in line with our consistent focus on long-term value creation for stakeholders and effective utilization of capital," said Ajay Piramal, chairman, Piramal Group.
Dit verhaal komt uit de July 29, 2023-editie van Mint Mumbai.
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