Savita Oil Technologies Limited (BSE:524667) announces a share repurchase program. Under the offer, the company will repurchase up to 280,000 equity shares, representing 1.91% of its outstanding share capital, for a total consideration of INR 449.4 million. The shares will be repurchased at a purchase price of INR 1,605 per share. The record date for the offer is February 9, 2018. As of January 23, 2018, the company has 14,602,083 shares outstanding.