Reliance Infrastructure on Feb. 13, 2009, announced a fresh program for buy-back of shares of Rs 7 billion as approved by shareholde.
The buy-back will be made up to Rs 700 per share- a premium of about 27% to current market price.
The company recently completed first phase of buy-back of 8.76 million shares of Rs 7.96 billion, largest ever by any Indian corporate.
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