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Rites: Announcement under Regulation 30 (LODR)-Public Announcement-Buyback of Shares


This is further to our intimation dated September 18 2020 where the Company has informed that the Board of Directors of the Company have approved the proposal to Buyback fully paid up Equity Shares of the Company from the existing shareholders/ beneficial owners as on Record Date on a proportionate basis through the Tender Offer process.

In this connection please note that today i.e. September 22 2020 the Company has published the Public Announcement of buyback in Business Standard (English - All editions) and Business Standard (Hindi - All editions) (Hindi being the regional language of Delhi wherein the registered office of the Company is located) pursuant to Securities & Exchange Board of India (Buy-Back of Securities) Regulations 2018 as amended (Buyback Regulations). The copy of the said Public Announcement is enclosed for your reference and dissemination on the Stock Exchanges.

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