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@lokes Your secondary market understanding is very good and I need help. I want to exit and re-enter TCS as market condition bad. Which date I can sell TCS so I am still counted for buyback?

@Jetha Lal,
Th maximum shares you could tender are the number of shares you hold in your demat account on the record date (Feb 23rd, 2022).

If you hold 1 share on the 23rd, you could tender only 1 share. It doesn't matter how many shares you had earlier or you buy at later date.

@coldburger: you can see my below reply to snipperraj:

if you sell on 21st, then 100% not eligible for buyback no matter which broker you are using.
if you sell on 22nd, then also its risky in case of buybacks, where sometimes if you sell on ex date then you are not eligible as seen many times before with multiple brokers. Buybacks are not like bonus/dividends where surely you will get benefit even if you sell on ex date. (may be from broker pool account etc which will not be applicable for buyback).
Selling on 23rd feb will be safe, to be eligible for buyback.

@jethalal: Pasting again as i replied to @vantage in below post on this same page:

Retail category is decided by 2 lakh value of shares on record date as per share closing price on record date, no matter how many shares you sell/buy after record date. And Max shares we can tender as per held on record date, no matter how many times we are buying/selling after record date and how many shares holding after record date.