The regulator had set up a sub-group under the chairmanship of Keki Mistry, vice chairman of HDFC, to propose changes to the process of buybacks from the open market – through the book-building process and stock exchanges – to make it more efficient and shareholder-friendly.
Buyback alert! GE Shipping shares rise 3% as firm set to repurchase shares at 16% premium
Great Eastern Shipping experienced a surge in its stock prices following the announcement of its inaugural share buyback scheme. The company has proposed to repurchase