HCL Technologies Limited has informed the Exchange that the Board of Directors of the Company, in its meeting held on March 20, 2017, have approved the Buyback of up to 3,50,00,000 (Three crores fifty lacs) fully paid up Equity Shares of the Company of face value of Rs. 2 each (representing 2.48 % and 2.45 % of the fully paid-up equity shares of the Company outstanding as on March 31, 2016 and as on date respectively) at a price of Rs.1,000 (Rupees One thousand only) per Equity Share payable in cash for an aggregate amount not exceeding Rs.3,500 crores (Rupees Three thousand five hundred crores only)
Record Date for Buy back offer : May 25, 2017
Bidding period : June 12, 2017 to June 23, 2017
Please ensure that all Client codes must be activated in BSE Segment for applying in HCL Tech buyback as Buyback is available in BSE segment only. In case client doesn’t have BSE segment activated, please activate it on priority basis to avail buyback scheme benefit. Segment activation form or Reactivation form is available on the download section of our website.
Link to download section >>> http://elitewealth.in/kyc-upd
Investors opting for buy back should intimate on or before June 21, 2017 to us through email on email@example.com or by sending the offer letter signed by client.
For any clarification, feel free to contact at 9818587904