Patel Integrated Logistics Limited has informed the Exchange about Buyback
Special SituationImprovingMajormateriality 78 out of 100
What happened
FactPatel Integrated Logistics Limited has informed the Exchange about Buyback. Saffron Capital Advisors Private Limited or the Registrar to the Buyback, i.e. 2) The Buyback Size is ₹ 10,80,00,000/- (Rupees Ten Crore Eighty Lakhs only) excluding the Transaction Costs, which.
Why it matters
CapitSignal interpretationA buyback returns cash by retiring shares, so the benefit to a holder depends on the price paid, how many of their shares are accepted, and what the stub is worth afterwards.
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Fact- Record date and acceptance ratio
- Promoter participation
- Cash left on the balance sheet afterwards
Evidence
How CapitSignal classified this
- Reasoning:
- BUYBACK base 70; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%