Ex date being 26th , you sold on 27th. Shares will be debited to your Demat account on 28th. So you are eligible for buy back as you held on record date. Those who sold on 26th too are eligible as it is ex date. Their shares will be debited after record of shareholders is given by the exchange on 27th.
Ou Ai ji, Is it so? My one past experience is that the shares sold on record date were not considered holdings as on record date for the purpose of the buyback as seen from the offer letter wherein the No. of shares held on record date and the No. of shares entitled for the buyback were mentioned. Of course, I once again reiterate that I am not an expert in this regard. Thank you.
Having seen the upward trend in the share price on the Record Date, I have sold some shares to remain under the retail category thinking that they will be debited on that day itself ( In one case it was happened hence I thought in that way). But it is not so. The result is that I am not covered under retail category. You all know the consequences. Sometimes it happens. No problem. Thank you.