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1. Wannabe Value Investor   I Like It. |Report Abuse|  Link|January 9, 2024 11:35:59 AMReply
I have never found a one share strategy worthwhile, but this one appears to be different, because of the high price of an individual share.

Wanted to ask what happens if one tenders a single share from different demat accounts?

I remember that I had TCS shares in 2 different accounts, and had got different ER and different AR after tendering.

Would be glad of a response from anyone who has done something similar in the past.
1.6. Creed   I Like It. |Report Abuse|  Link|January 17, 2024 2:00:06 PM
Far as I can tell, the idea is to buy one share in each demat, even if the pan for those demats is the same.
I think the ER and AR is for PAN and not for demat, so that would be pointless, no?
What is the logic behind the calculation so that the one share purchased is at the advantage over say, if purchased for maximum allowed for retail, i.e. somewhere around 2Lakhs, 20 shares in this case?
1.7. Vimal Garodia   I Like It. 1|Report Abuse|  Link|January 17, 2024 3:55:09 PM
One share in different demat and diferent PAN of your family and friends, that is when it works!!

It does not work for same PAN and different demats!!