Matrimony.com announces a share buyback worth up to Rs 58.5 crore, planning to repurchase 8,93,129 shares at Rs 655 each via the tender offer route. The buyback, representing nearly 25% of paid-up capital and reserves, aims to return surplus funds to shareholders, with promoters opting out.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets