The board of Garware Technical Fibres … approved a proposal for buyback of up to 3.17 lakh shares from all shareholders, including promoters and members of the promoter group, at ₹2,300 a share for an aggregate amount of about ₹73 crore. The buyback will be through the tender offer route, on a proportionate basis.

— Hindu Business Line

IndusLaw advised Garware Technical Fibres Limited led by a team of partner Manshoor Nazki, associates Aditya Singh Rajput and Ancha Venkata Samarth.

2020-02-01

Deal value: INR 72.99 Crores

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