Archidply Industries Buyback vs Industrial and Prudential Investment Buyback

The Buyback is being undertaken by the Company to:
i) Return surplus funds to its equity shareholders.
ii) Achieve optimal capital structure, and
iii) To help improve financial ratios like earnings per share and return on equity.

The Buyback is undertaken by the Company after taking into account it's strategic and operational
cash needs to:
i) Return surplus funds to the equity shareholders.
ii) Service the Equity more efficiently.