Emkay Global Financial Services Limited has been appointed as the manager to buy back.
eClerx Services share price rose more than 10 percent intraday on July 6 after the company's board approved buyback of shares.
The company board has approved the buyback of company's equity shares for an aggregate amount not exceeding Rs 1,095 million, at a buyback price not exceeding Rs 550 per equity share from the shareholders/beneficial owners of the company.
The board has also constituted a committee for the purpose of the buyback. Emkay Global Financial Services Limited has been appointed as the manager to the buyback.
First Published on Jul 6, 2020 01:12 pm