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Promoters to participate in buyback, says Cosmo Films CMD

“We are looking forward to reward our shareholders via a buyback,” said Ashok Jaipuria, CMD of Cosmo Films in an interview to CNBC-TV18.

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By Surabhi Upadhyay   | Nigel D'Souza  Oct 19, 2020 2:12:42 PM IST (Published)

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“We are looking forward to reward our shareholders via a buyback,” said Ashok Jaipuria, CMD of Cosmo Films in an interview to CNBC-TV18.

Cosmo Films will consider a share buyback on October 26.
Jaipuria said the buyback size is at Rs 91 crore and promoters will participate in the buyback.
On business front, the company will launch a polyester film line for an investment of Rs 300 crore.
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