Yatra Capital Limited (ENXTAM:YATRA) announces a share redemption program. Under the tender offer, the company will redeem 1,410,437 shares, representing up to 28.93% of its issued share capital at a price of €7.09 per share for €10 million. The program is a return of capital initiative. If the number of ordinary shares held by any shareholder is not exactly divisible, the number of shares redeemed will be rounded up or down, depending on the particular contractual arrangements between the bank or broker and the shareholder, in order to avoid fractional entitlements. The transaction is expected to conclude by September 26, 2016. As of September 19, 2016, the company has 4,875,654 shares in issue.