Buyback Size does not exceed 25% of the aggregate of the paid-up capital and free reserves, based

The Buyback Size does not exceed 25% of the aggregate of the paid-up capital and free reserves, based. The buyback is proposed to be made from all equity shareholders of the Company. Buyback, such as, brokerage, filing fees, advisory fees, intermediaries’ fees, public announcement.

A 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.

• Record date and acceptance ratio
• Promoter participation
• Cash left on the balance sheet afterwards