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1. Shrenik   I Like It. |Report Abuse|  Link|March 4, 2024 7:12:09 PMReply
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?
1.5. Thiagarajan Ramasamy   I Like It. |Report Abuse|  Link|March 13, 2024 11:28:26 AM
How comes ER is mentioned by Chittorgarh as 7 for 27?
1.6. RoK   I Like It. |Report Abuse|  Link|March 13, 2024 5:59:17 PM
@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"