New Delhi, Aug 23: Britannia Industries has got its shareholders' nod to buy back upto 2.5 million equity shares at a price not exceeding Rs 650 per share.
The buy-back would lead to an outflow of around Rs 78 crore.



This comes within a fortnight of the Britannia board appointing its chief operating officer Nikhil Sen as the manager to run the biscuit giant and as the successor to its high-profile managing director Sunil Alagh. The Britannia board had terminated the services of its Alagh in June but not named a successor.
Bureau Report