Accepted shares per tendered shares is in the below table, when all buyback eligible shares on record date were tendered and from single Demat account only
1 to 7 - 1 8 to 12 - 2 13 to 16 - 3 17 to 20 - 4 21 to 24 - 5 25 to 27 - 6 28 to 32 - 7 33 to 36 - 8 37 to 41 - 9 42 to 44 - 10 45 to 47 - 11 48 to 50 - 12 51 to 54 - 13 55 to 56 - 14
Additional ratio for non entitled shares is around 11.5%. Ignore anamolies due to excess shaded distribution like it happened in 50 shares, accepted 13 for some and only 12 for some.
for my icicidirect, 4 out of 10 are accepted, for zerodha 2 out of 9 are accepted. I have 10 in kotak securities, not sure how many are accepted from there, the count is not reduced in kotak securities.
1 to 7 - 1
8 to 12 - 2
13 to 16 - 3
17 to 20 - 4
21 to 24 - 5
25 to 27 - 6
28 to 32 - 7
33 to 36 - 8
37 to 41 - 9
42 to 44 - 10
45 to 47 - 11
48 to 50 - 12
51 to 54 - 13
55 to 56 - 14
Additional ratio for non entitled shares is around 11.5%. Ignore anamolies due to excess shaded distribution like it happened in 50 shares, accepted 13 for some and only 12 for some.