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Reliance Infra buys backs 16 lakh equity shares in 2 weeks
Mumbai, Nov 10 (UNI) Anil Dhribhai Ambani Group Reliance Infrastructure Limited (RIL) has bought-back 16,00,000 equity shares of the Company in less than two weeks.
The move is in tandem with shareholders' approval to buy-back equity of upto Rs 2,000 crores, announced a company release today.
Since the commencement of the buy-back on March 25 this year, the company has so far bought back 72.60 lakh equity shares aggregating to Rs 711 crore.
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Story first published: Monday, November 10, 2008, 17:33 [IST]