IF I HAVE 50 SHARES OF TCS ON RECORD DATE CAN I ELIGIBLE FOR TENDER IN BYE BACK? PLEASE REPLE. I AM CONFUSED.
1.1. Asoke Sarkar1|| Link|January 22, 2022 6:24:44 AM
Yes; you can tender as many as you may have. No confusion. If the total price is less than 2 lac, you will come under retail category with prospect of larger benefit.
@RK sharma: yes as @asoke mentioned, you will be eligible for buyback with any number of shares and you can tender any no. of shares. You may sell 5 shares before record date to be sure to come under retail category where more shares will be accepted in buyback tender.
CAN I ELIGIBLE FOR TENDER IN BYE BACK?
PLEASE REPLE.
I AM CONFUSED.