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May 07, 2012, 01.28 PM IST
United Phosphorus board in its meeting held on May 07, 2012 has approved buy-back of equity shares.
United Phosphorus Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 07, 2012, have unanimously approved the Buy-back of Equity Shares upto 1,92,00,000 (One Crore Ninety Two Lacs only) fully paid up equity shares of Rs. 2 each at a price not exceeding Rs. 150 per equity share, payable in cash upto an aggregate amount not exceeding Rs. 288 Crore from the open market through Stack Exchange(s).Source : BSE
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