There is an ambiguity of information in this site. In Welspun buyback timetable last date to buy is written as 10 Feb to be eligible for buyback record date 13 Feb and again in FAQ , date for sale is written as 10 Feb for remain eligible for buyback. Please anyone can clarify how it can be.I have made loss in ORB buyback due to this date ambiguity as my share was not shown as held on on record date.
it is T+1, hence you have to buy on Feb 10th or before to be eligible for buyback. If you buy Feb 10th then you will have shares in your demat account on Feb 13th. Prior to Jan 26th, it was T+2, hence if you go with that that you have to buy on or before Feb 9th.
Welspun Enterprises Buyback Dates (Timeline) Board Meeting Intimation for Buyback Proposal 30 December 2022 Buyback Approval Date 30 December 2022 Public Announcement of Buyback 25 January 2023 Welspun Enterprises Buyback Record Date 13 February 2023 Buyback Opening Date 16 March 2023 Buyback Closing Date 31 March 2023 Cut-off Date to receive completed tender forms by Registrar 31 March 2023 Verification Date by the Registrar 10 April 2023 Return of unaccepted shares by Registrar 13 April 2023 Extinguishment of accepted shares 20 April 2023