Feedback Message Board

Hi, Any one help me with the following questions.
1. What is the minimum number of shares to be kept on record date to participate in the buy back?
2. On which date the shares will be unblocked in case of not accepted shares and On which date the amount will be credited to bank account in case of accepted shares.

Thanks in advance..

1. no minimum requirement, sometimes even one share got accepted by the company. otherwise small shareholder is < INR 2 lakhs and above that is general.
2. all the tendered shares will be debited from your account once the offer closes and within few days, on the settlement date, the amount will be deposited to the bank and the unaccepted shares will be credited back to dp. Refer the offer letter/email from Registrar for the timelines.