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Received buyback mail for my 3 accounts - 5 out of 20 shares in all 3

What is the rationale with which people are estimating AR will be similar to ER? Just for my learning - historically have seen there to be a reasonable difference between the two.

@rohiitian, this is what I understand - some entitled share holders will not participate in the buyback. These shares will be taken from those who tender more than what they are entitled to. Here the preference is given to those who got zero entitlement. One share each will be taken from them. Thus the AR for this group will increase from 25.99% to may be 40% or 50%. After this only, if the required retail quota is not yet full, shares will be collected from those who got entitlement of one or more shares. In Bajaj Auto buyback, since there are too many single share holders, the required quota will get filled from just 50% of this group itself. So no more shares needs to be collected from people with entitlement of one or more shares. Hence their AR will remain the same as ER.