Softsol India Buyback 2022 vs Tips Industries Buyback 2022

The Buyback is being undertaken for the following reasons:

1. The Buyback will help the Company to return surplus cash to its shareholders holding Equity Shares broadly in proportion to their shareholding, thereby, enhancing the overall return to shareholders.
2. The Buyback may help improve return on equity by reducing the equity base, thereby leading to a long-term increase in shareholders' value.

The Buyback is being undertaken for the following reasons:

• The Buyback will help the Company to return surplus cash to its shareholders holding Equity Shares.
• The Buyback is generally expected to improve return on equity through distribution of cash and improve earnings per share by reduction in the equity base, thereby leading to long term increase in shareholders' value.