Company has released a press release today (as per below) indicating that it will buy 9 lakh shares through Suchir chemicals pvt ltd (promoter entity) within next 1 year for price below 500 (subject to cooling period of next 6 months).
http://www.nseindia.com/corporate/Letter_to_NSE_071215_07122015142811_098.zip
As per calculation this amounts roughly to 1.7% stake, which means the promotor ownership may increase from ~72.2% to ~73.9%
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