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Review ?

Will 1 share strategy work ?

To understand this, we may refer to TCS buyback process (I could not find same for Matrimony).

19.15 Subject to the provisions contained in the Letter of Offer, the Company will accept the Equity Shares tendered in the Buyback by the Small Shareholders in the Reserved Category in the following order of priority:

19.15.1 Acceptance of 100% Equity Shares from Small Shareholders in the Reserved Category, who have validly tendered their Equity Shares to the extent of their Buyback Entitlement or the number of Equity Shares tendered by them,
whichever is less.

19.15.2 After the Acceptance as described in Paragraph 19.15.1 above, in case there are any Equity Shares left to be bought back from Small Shareholders in the Reserved Category, the Small Shareholders who were entitled to tender zero
Equity Shares (on account of fractional entitlement), and have tendered Additional Equity Shares as part of the Buyback, shall be given preference and one Equity Share each from such Additional Equity Shares shall be bought
back in the Reserved Category.

I think para 19.15.2 makes it clear that shareholders tendering 1 share will be considered only after other shareholders's entitlement has been considered. As the demand for buyback will be high, I doubt that tendering one share will work 100%. But still, I am inclined towards this experiment.

YES