Had one share each in 2 different account message received in both the account that 1share debited...however the shares are stil reflecting in demat account and there is no amount credited in either of the bank accounts... request guidance from experts... pls help @ksrk sir @mravi sir @ipoexpert
Noor ji, At the first instance, the shares held on the Record Date and tendered for the buyback will be debited. If the shares are not accepted, they will be credited back. In such cases no crediting of the amount of the buyback. If shares are accepted, the resultant amount of the buyback will be credited. I hope that your doubt is cleared.