Anil Ambani Group firm
Reliance Infrastructure Ltd on Wednesday said it would consider to approve the proposal to buy-back equity shares of the company on February 14.
The board of directors would discuss and take a final decision on the buy-back proposal at its meeting scheduled to be held on February 14, Reliance Infrastructure said in a filling to the Bombay Stock Exchange (BSE).
The company operates various segments like carrying out infrastructure projects related to roads, metro transit systems, airports. It also has a major stake in energy segment and engineering procurement and construction.
Shares of the company closed at Rs 534.70, down 18.79 per cent from the previous close on the BSE.
Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.