Piramal Healthcare Buy-back 41.8 million Share

Piramal Healthcare Buy-back 41.8 million SharePiramal Healthcare mentioned it will buy back 41.8 mn stocks, which represents 20 percent of the complete number of shares, entailing a complete outgo of Rs 2,510 cr.

The firm’s table has accepted the offer, that has been adopted subsequent to finishing of the sale of their domestic formulations business as well as its shareholding in Piramal Diagnostic Services, said it in a declaration.

“The buy-back will be made for a max of 41.8 mil stocks at a cost of Rs 600 for each share,” it mentioned.

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