Softsol India Buyback 2022 vs Technocraft 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, inter-alia, for the following reasons:

1. The Buyback will help the Company to return surplus cash to its shareholders;
2. The Buyback would involve allocation of number of Equity Shares reserved for the small shareholders;
3. The Buyback may help in improving return on equity leading to long term increase in shareholders' value;
4. The Buyback gives an option to the shareholders holding Equity Shares of the Company, who can choose to participate and get cash in lieu of Equity Shares; and
5. The Buyback may lead to reduction in outstanding Equity Shares, improvement in earnings per Equity Share, and enhanced return on equity.