The BSE filing reads, “The approval of the Board be and is hereby granted for the buy-back by the Company of its fully paid-up equity shares having a face value of ₹ 1 (Rupee One only) each (the “Equity Shares”) from the existing shareholders of the Company, pursuant to the open market route through the stock exchange mechanism (i.e., through the Stock Exchanges), at a price not exceeding ₹ 810/- (Rupees Eight Hundred and Ten only) per Equity Share (the “Maximum Buyback Price”) payable in cash, for an aggregate amount up to ₹ 850 crores (Rupees Eight Hundred and Fifty crores only) (the Maximum Buy-back Size”).”