FREE Account Opening + No Clearing Fees
Loading...

Feedback Message Board



1 Comments

1. snipperRaj   I Like It. 1|Report Abuse|  Link|January 19, 2022 6:58:13 PMReply
Is there any HNI category as part of general category in buyback?
Retail cap is 2 lakh. If i have more than 2 lakh worth of tcs share, let say 100 share, and i want to tender all, what could be estimated AR/ER based on previous buyback of tcs... or we cant apply in general category ?
1.2. Ramsan   I Like It. |Report Abuse|  Link|January 20, 2022 9:29:46 PM
@lokes ji Im participating buyback frst time
Bought 4 shares @3850 today just to understand the process. How do I tender via email !? and when !?
1.3. lokes   I Like It. |Report Abuse|  Link|January 21, 2022 12:16:40 PM
@ramsan: you can get more info on buyback from here:
https://www.chittorgarh.com/article/buyback-of-shares-meaning-procedure-and-taxation/517/
https://investorzone.in/everything-about-the-buyback-you-want-to-know/

you need to buy shares upto 2 days before record date (below 2 lakh value to be under retail category which has 15% reservation so generally more shares are accepted back by company in retail category)
you will get mail from registrar after record date is over for your eligibility and shares holding on record date. you can place order from your broker site for all shares as holded on record date as per mail. In buyback mail, dates will be mentioned for tender period upto which you can tender shares in zerodha. Also read below link info in zerodha. For other brokers, you can call them to know how to place order for tendering shares when buyback period opens.
https://support.zerodha.com/category/trading-and-markets/corporate-actions/articles/how-do-i-apply-for-buy-back