Icra board to consider share buyback proposal

NEW DELHI, Feb 7:  Domestic rating agency Icra today said its board will meet later this week to consider a proposal for buy-back of equity shares of the company.
“…Board meeting of the company scheduled to be held on February 9, 2017 … At the said meeting, the Board will also consider a proposal for buy-back of the equity shares of the company,” Icra said in a regulatory filing.
The company, however, did not elaborate on the size of the buyback. It will also announce its quarterly result on the said date.