The board of Transport Corporation has sanctioned a share buyback of Rs 150 crore, intending to purchase 15.62 lakh equity shares at a premium price. This move aims to boost shareholder value while simultaneously establishing a new subsidiary in China to enhance the company's logistics network. This initiative aligns with a broader strategy for international expansion in significant trade areas.
Market Samachar is a news aggregator. This article was originally published by Stocks-Markets-Economic Times. Tap the button above to read the full story on their site.