Goldiam International Limited (BSE:526729) announces a share repurchase program. Under the program, the company will repurchase up to 380,000 shares, representing 1.71% for INR 456 million. The shares will be repurchased at a price of INR 1,200 per share. The program will be funded out of its free reserves. The purpose of the program is to improve financial ratios like earnings per share and return on equity and create long-term value to shareholders. The program is subject to approval of shareholders by means of a special resolution through a postal ballot. The company has fixed October 27, 2021, as the record date for the offer. The program will expire on December 9, 2021. As of September 10, 2021, the company had 22,174,923 shares in issue.