Hello everyone. I have 26 shares (worth ₹2,20,000) of Bajaj Auto as on cut off date that were purchased way earlier. But I got a mail saying I'm entitled to 0 shares. Can someone please explain what does that mean?
@Thiagarajan Ramasamy ji, it is from the offer letter. "Ratio of Buyback (i.e., Buyback Entitlement) 7 Equity Shares for every 27 Equity Shares held on the Record Date"
I have 26 shares (worth ₹2,20,000) of Bajaj Auto as on cut off date that were purchased way earlier. But I got a mail saying I'm entitled to 0 shares. Can someone please explain what does that mean?