1 share strategy not worked. Got 0 entitlement email . What is ER ? 6-13 March tender date. Hope it has good AR ratio. Since I have only 1 share I will sell in open market.
@CB, entitled shares will be 0 for single share holders, but if tendered there is a good chance for acceptance. AR is guesstimated to be around 50% for single share holders.
In the TCS buyback email to me, entitled shares was 0, but when tendered they accepted it.
There are about 5 lakh small share holders with single share who bought the share after the buyback announcement just for tendering it to pocket the difference. To wait and see how many of them will be lucky
1.3. vibhor saxena|| Link|March 5, 2024 10:09:22 AM
Entitlement Ratio is 7/27. That's why you got that email But, AR will be different from ER You gonna find out only after tendering the shares