Dear Sir\Madam

SEBI has notified Securities and Exchange Board of India (Buy-Back of Securities) (Amendment) Regulations, 2023 on February 07, 2023.

Accordingly, the amendment regulations shall be made effective for all buy-back offers where the Board of Directors of the company approve resolution with respect to Buy-back on or after 30th day of the date of notification of this amendment in the official gazette (i.e. March 09, 2023)

The aforementioned amendment regulations shall come into force on 30th day of the date of notification.

The aforesaid circular is attached for reference.

All Listed companies are requested to take note and comply accordingly.  

March 10, 2023