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1. sdz   I Like It. |Report Abuse|  Link|March 10, 2022 6:42:31 AMReply
Entitled ratio ER= Total Buyback Retail shares/total retail shares holding on record date

Acceptance ratio AR= Total Buyback Retail shares/total retail shares tendered

So ER is just an indicator ratio and doesn’t have any effect on AR. Buyback seniors please correct if wrong
1.1. snipperRaj   I Like It. |Report Abuse|  Link|March 10, 2022 8:43:44 AM
If no of shares tendered are based on ER( no of shares entitled by tcs) would all be accepted ? or would the number of shares will be less than the ER entitled shares in this case?

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