Feedback Message Board

Zerodha has not yet sent the mail, but from the Moneycontrol news, AR is 35%.

In short, as per mail received from Hinduja today, the delay in the buyback process was due to amendments to the buyback rules. That issue settled, now the company is awaiting approval from SEBI.

Please give your opinion about the 1 share buyback strategy. Whether it is likely to work here?

how did you calculate?pls explain.

@Saikiran
Check shareholders today and number of shares for retailers then you will be able to

I am yet to get the buyback amount in my bank. Anybody facing this situation?

Today sent a mail to the Registrar (moilbuyback@bigshareonline.com) asking them to look into this matter. Last time when I participated in NTPC buyback, amount was transferred to account on the last day of settlement of bids. So, I was expecting the same i.e. on 21 February.

Registrar replied that I should contact broker as the settlement had been done on 18th Feb itself. So, I have now raised the matter with broker i.e. Zerodha. Waiting for its response.

This is regarding MOIL buyback. 523 shares accepted out of 800 tendered. Just got mail from zerodha. 65 percent AR. 👍

So, will TCS perform better than MOIL in this regard? Fingers crossed.

523 accepted out of 800 tendered. Just got mail from zerodha. 65 percent AR. 👍

Shares tendered in Retail are now 1.20 crore against 50.76 lakh quota. So, AR is now 42% in retail category. Let's see what is the final number at the end of the day.

Antarix ji,
I once again reiterate that all the individual investors are not exclusively Retail Investors. Individual investors include some of the investors who might have been submitted the shares worth more than Rs. 2 lakh (as on the Record Date) which may be considered under general category. I am of the opinion that the AR would be around 50%. Thank you.

Strangely, Zerodha is showing closing date as 9 Feb (6 pm) instead of 10 Feb. Today, I offered my shares, all of them.

@antarix: it opens one more time till next dayl 1.30pm. Check note 3 in below link.
https://support.zerodha.com/category/trading-and-markets/corporate-actions/articles/how-do-i-apply-for-buy-back

Against issue size of 3.38 crore shares, 77 lakh shares have been tendered in the buy back so far.

I could not compile the data. KSRK Ji...can you please help in finding the current demand from retail vs availability.

Pradeep ji,
Detailed information regarding various categories can’t be verified from this link. Only overall position can be known. Sorry for disappointing you. Thank you.