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Wednesday, January 28, 2009

Reliance Infra - Updates on Buy-back of Shares

Reliance Infrastructure Ltd has informed that the Board of Directors of the Company had at its meeting held on March 05, 2008 approved buy-back of equity shares of the Company up to an amount not exceeding 10% of the paid-up capital and free reserves of the Company, i.e. up to Rs 800.06 crore.

Pursuant to the above approval, the Company has bought-back 87,60,000 equity shares for Rs 795.53 crore.

Having almost exhausted the above limit, the Company has decided to close the buy-back of equity shares on February 06, 2009.

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GMT+5:30 Event Vol. Actual Consensus Previous
Monday, Jun 09
24h Whit Monday 0
04:15 Manufacturing Sales 1 1.1%
19:30 Wholesale Inventories 1 0% 0%
21:00 3-Month Bill Auction 1 4.25%
21:00 6-Month Bill Auction 1 4.15%
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