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1. Radkrish   I Like It. |Report Abuse|  Link|January 21, 2022 7:07:33 PMReply
Kamma Siva Rama Krishna ji

I hold 84 shares but got the mail for tendering only 16 shares. Can i tender all the 84 shares or would i be allowed to tender only 16 shares. If i can tender all the 84 shares then what is the relevance of ER.
Thanks in advance.
1.2. KAMMA SIVA RAMA KRISHNA   I Like It. |Report Abuse|  Link|January 21, 2022 8:53:36 PM
Auto correction resulted in addressing Radkrish ji as Ramkrishna ji. Sorry.
1.3. lokes   I Like It. 1|Report Abuse|  Link|January 22, 2022 11:51:39 AM
@Radkrish: Relevance of ER is that guaranteed those no. of shares will be accepted by company as per your entitlement. Means if you even tender 16 shares only, then all 16 will be accepted. But if you tender all 84 shares, then other than 16, some more shares will be accepted in proportionate method as per as per availability of shares due to non participation of everyone, and that final accepted shares ratio will be called as acceptance ratio.