GAIL share buyback offer to open on Feb 25
GAIL India will open its buyback on February 25 for up to 6.97 crore fully paid-up equity shares of face value ₹10 each. “This represents 1.55 per cent of the total number of equity shares in issued, subscribed and paid-up equity share capital of the company,” the company said in a release on Wednesday.
Record date – January 28
The company will buy back shares from all existing shareholders and beneficial owners as on record date — which is January 28 — on a proportionate basis.
