Anup Engineering Buyback vs Gail India Buyback

The Buy-back is being undertaken by the Company to:
i) Return surplus funds to the equity shareholders of the company;
ii) Improve return on equity through distribution of surplus fund; and
iii) Improve earnings per share by reduction in the equity base, thereby leading to long-term increase in shareholder’s value.

The Buyback is aimed to :
i) Optimize the capital structure of the company.
ii) Improve Return on Equity
iii) Increase in shareholder's value in the long-term.