I have reached out to Link Intike for the update, as per them they are awaiting confirmation from exchanged and after they'll start sending the amount to eligible candidates. The approx TAT they advised is by EOD today or by EOD this week.
If buyback amount not credited in bank then check there demat account fund balance some time resitrar credit amount in demat account instead of bank account...
I bought sis limited share on 7 December but in groww app when I am tender share in buyback they said you are not eligible for buyback because you have no share in your demat on 12 December record date even i received mail from linkintime for buyback.expert please advice what to do know...
I have also same problem in grow .bought on 06-12-2023 many efferts done by me but not good response by them and i am not eligible for buyback...i will close account after this sis limited if query no solve better to switch zerodha .
Generally,in such cases, investors will not be tendering the shares for the buyback. In rare cases, Board of Directors with or without the consent/ approval of the shareholders, the buyback price will be increased.
“ the buyback price will be increased “ may please be read as “ will increase the buyback price “. Inconvenience caused, due to wrong typing in framing the sentence, is very much regretted.
If you buy one share @100 rupees they charge 20 rupees and if you sell they again changed 20 rupees.buyback tender are also very costly in upstox.they charge 120 rupees per buyback order.very expensive broker..
Ye soch kar Bajaj auto buy kiya ki tender buyback hoga.par ye to kuch or hi ho gaya.tender buyback nahi yai.compny open market se share buyback karegi...
Very poor. When i sell share by e dish and second day they said that your share is short sell and transfer your holding by cdsl easiest login. This thing happened four to five time with me. My all profit almost zero now and it make big loss for me. Now i close my account with them.