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Orbit Exports to consider buyback proposal of its equity shares in the board meeting. The board of director’s meeting is scheduled to be held on January 05, 2018 to consider and approve the proposal for buy back of fully paid up equity shares of the company.
The board will also consider the size & mode of buyback and any other matters incidental thereto in line with provisions of Sections 68, 69 and 70 and any other applicable provisions, if any, of the Companies Act, 2013 and Securities and Exchange Board of India (Buy Back of Securities) Regulations,1998 as amended.
Further, to prevent insider trading, the trading window for dealing or trading in securities of the company will be closed for all directors, officers, designated persons and insiders from January 03 to January 07, 2018.
