Tranche Update on Just Dial Limited's Equity Buyback Plan announced on July 20, 2018.
January 15, 2019 at 02:44 am
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From July 20, 2018 to January 1, 2019, the company has repurchased 2,750,000 shares, representing 4.08% for INR 2,200 million. With this, the company has completed the repurchase of 2,750,000 shares, representing 4.08% for INR 2,200 million under the buyback announced on July 20, 2018.
Just Dial Limited is a local search engine company. The Company is also involved in other information service activities. It provides its services across various platforms, such as Web, mobile (application or browser), voice and short message service (SMS). Its services include JD Mart, JD Omni and JD Pay. JD Mart enables manufacturers, distributors, wholesalers, retailers to get new customers and sell their products online. JD Omni provides end-to-end cloud-based solutions for digitalizing micro, small, and medium enterprises (MSMEs). The JD Pay provides solution for digital payments, enhancing both customers and consumers (end-users). The JD Pay supports cashless transactions, net banking, online wallets and offers flexibility to transfer online payments through debit or credit card. Its websites and apps deliver offers ratings tool, payment gateway, logistics and escrow solutions. JD Mart is available on Web at https://www.jdmart.com.