Aarti Drugs' board to consider shares buyback later this week

A share broker wears mask shows a victory sign at a share market office i
A share broker wears mask shows a victory sign at a share market office i
 1 min read . Updated: 16 Mar 2021, 12:46 PM IST Staff Writer

Shares of Aarti Drugs were trading 3.15 per cent higher at ₹688.60 apiece on BSE.

Aarti Drugs on Tuesday said its board will meet later this week to consider a share buyback proposal.

A meeting of the Board of Directors of the company is scheduled to be held on Friday, March 19, 2021, to consider the proposal of buyback of the fully paid-up equity shares of the company, Aarti Drugs said in a regulatory filing.

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The company, which manufactures bulk drugs and chemicals, did not elaborate on the size of the shares buyback.

Shares of Aarti Drugs were trading 3.15 per cent higher at ₹688.60 apiece on BSE.

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