Gemini Communications Ltd., through MAPE Advisory Group Pvt. Ltd. made an open offer to acquire a minimum of 27,50,000 equity shares of Re.1 each or a maximum of 1,10,00,000 equity shares at a price of Rs.45 apiece for an aggregate amount not exceeding Rs.29.78 crore from the open market through stock exchanges
The date opening and closing of buy-back is January 30, 2012 and April 30,2012, respectively.
At the BSE, Gemini Communications shares are currently trading at Rs18.65., up 12.01 percent from the previous close.
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