Matrimony.com Ltd fixes July 4, 2022 as record date for buy back of shares

The Buy Back Committee of the Board of Directors of Matrimony.com Ltd at the meeting held today i.e. June 22, 2022, approved the Final Buy Back price of Rs. 1, 150 /- (Rupees One Thousand One Hundred and Fifty Only) per equity share (the "Buy Back Price") and the aggregate amount of Buy Back upto Rs. 750 Million (Rupees Seven Hundred and Fifty Million Only) (the "Buy Back Size") excluding any expenses incurred or to be incurred for the Buy Back viz. brokerage costs, fees, turnover charges, taxes such as securities transaction tax and goods and services tax (if any), tax on distributed income on Buy Back, stamp duty, advisors fees, filing fees, public announcement expenses, printing and dispatch expenses, if any, and other incidental and related expenses and charges etc. With the Buy Back price of Rs. 1,150 /- (Rupees One Thousand One Hundred and Fifty Only) per equity share and the Buy Back Size of upto Rs. 750 Million (Rupees Seven Hundred and Fifty Million Only), the total number of shares to be bought back in the Buy Back shall be upto 6,52,173 (Six Lakh Fifty Two Thousand One Hundred and Seventy Three Only) equity shares representing 2.85 % of the total number of equity shares in the total paid up equity share capital of the Company.

The board also fixed Monday, July 4, 2022, as the record date for the purpose of determining the names of the equity shareholders who are eligible to participate in the Buy Back and their entitlements.

Shares of Matrimony.Com Limited was last trading in BSE at Rs. 770.70 as compared to the previous close of Rs. 763.95. The total number of shares traded during the day was 1300 in over 318 trades.

The stock hit an intraday high of Rs. 785.05 and intraday low of 762.10. The net turnover during the day was Rs. 1009234.00.

Source : Equity Bulls

Keywords

MatrimonyCom INE866R01028 BuyBack RecordDate