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The Economic Times
The Economic Times
Debaroti Adhikary

PVR Inox buyback: Last chance to participate in multiplex operator's Rs 300 crore buyback. Should you tender shares?

PVR Inox Debaroti Adhikary SEBI

The Rs 300 crore share buyback of PVR Inox is set to close today, marking the last chance for interested investors to tender shares as India's biggest film exhibitor buys back nearly 21 lakh shares from eligible shareholders at Rs 1,450 per share.

PVR Inox's buyback via the tender route opened on September 10 and is set to close on September 17. The record date for the buyback was scheduled for September 4. This means only those shareholders who owned shares of the company on that day are eligible to tender shares in the offer, and investors taking fresh positions today will not qualify.

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