Garware Technical Fibres’ Buyback Program

IndusLaw advised Garware Technical Fibres Limited on the deal.

Garware Technical Fibres approved a proposal for buyback of up to 3.17 lakh shares from all shareholders, including promoters and members of the promoter group, at ?2,300 a share for an aggregate amount of about ?73 crore.

The IndusLaw team was led by partner Manshoor Nazki (Picture), associates Aditya Singh Rajput and Ancha Venkata Samarth.

Involved fees earner: Manshoor Nazki – IndusLaw; Aditya Singh Rajput – IndusLaw; Ancha Venkata Samarth – IndusLaw;

Law Firms: IndusLaw;

Clients: Garware Technical Fibres ;

Author: Sonia Carcano