“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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