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Rajani acts on $37m eClerx share buy-back

eClerx Services Ltd bought back 17,46,666 fully paid-up equity shares at a price of Rs 1,500 per equity share for an aggregate amount of Rs. 262,00,00,000 (Rupees two hundred and sixty-two crores), according to Stock Exchange filings. The buy back was undertaken on a proportionate basis from eligible shareholders through the tender offer process prescribed under the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018.

Rajani Associates advised eClerx Services Limited led by a team of senior associate Rahul Pandey and associate Rishav Buxi, with senior partner Sangeeta Lakhi.

Deal value: Rs 260 crores

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.

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