KDDL Buy-Back price fixed at 3700/-
The buyback of up to 2,37,837 (Two Lacs Thirty-Seven Thousand Eight Hundred Thirty-Seven) fully paid-up equity
shares of the Company, each having a face value of INR 10/- (Indian Rupees ten only) (“Equity Shares”), subject to
approval of the shareholders using a Special Resolution through postal ballot, representing up to 1.90% of
the total number of equity shares in the paid-up equity share capital of the Company, at INR 3,700
(Indian Rupees Thirty-Seven Hundred only) per Equity Share (“Buyback Price”) payable in cash for an aggregate
amount not exceeding INR 88,00,00,000 (Indian Rupees Eighty-Eight Crores only) (“Buyback Size”) being 22.35 %
and 12.06% of the aggregate of the fully paid-up equity share capital and free reserves as per the latest audited
standalone and consolidated financial statements of the Company as of 31st March 2024, respectively.
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