Piramal Enterprises to KRBL: These stocks in focus as share buybacks open today
Piramal Enterprises aims to buyback 1.45 crore shares at a price of Rs 1,250 per piece through a tender offer. The total share buyback amounts to Rs 1,750 crore. Piramal Enterprises offers a premium of nearly 18 per cent for its share buyback. On the other hand, Indianmart offers a premium of nearly 31 per cent for its share buyback at Rs 500 per piece.
The share buybacks will be open from August 31 to September 6.