Gokul Refoils and Solvent Limited fixes Aug 14, 2020 as record date for buyback

Gokul Refoils and solvent Limited (the 'Company') had earlier announced offer for buyback of up to 3,29,00,000 fully paid up equity shares of face value Rs. 2/- each at a price of Rs. 12 per futly paid up equity share for cash by the company through tender offer process (the "buyback").

The Buyback Committee in its meeting held on July 28, 2020 has fixed the Record date on Friday, August 14, 2020 for the purpose of determining the entitlement and the names of the shareholders, who are eligible to participate in the Buyback.

Shares of GOKUL REFOILS & SOLVENT LTD. was last trading in BSE at Rs.16.3 as compared to the previous close of Rs. 16.3. The total number of shares traded during the day was 4356 in over 65 trades.

The stock hit an intraday high of Rs. 16.75 and intraday low of 15.45. The net turnover during the day was Rs. 70548.

Source : Equity Bulls

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