Aia Engineering informs about corporate action.

Aia Engineering has announced that its Board of Directors has approved a buy-back of up to 10,00,000 fully paid-up Equity Shares at a price of Rs 5,000 per share, for a total consideration not exceeding Rs 500,00,00,000. The buy-back will be conducted through the 'Tender Offer' route as prescribed under the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018. The buy-back is open to all Equity Shareholders of the Company, including promoters and members of the promoter group, as of the record date on August 20, 2024. [Extracted from the article]