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It's party time , upto 56 shares are considered as retail

The page says 53 shares to be considered for retail, hence the confusion. For non-small investor what would be the acceptance ratio?

Yes you are correct (I saw some other msg) AR for general cat is 10-20pc (it will be announced later ) one can still sell in open sec mkt when price rises.
Tough luck Man.

Deepak,
I am reading the newly published report from team chittorgargh (https://www.chittorgarh.com/article/buyback-price-and-maximum-share-in-retail-category/548/)abt the fixed price of record date and it is - 3571.90
so that means 2lacs would get you - 55.9 shares and u have 54 ,so its party time, i guess.

Yes Vantage, I can get back my lost sleep now :) Party time to be decided based on acceptance ratio and stock price after 2 months ;)
Thank you so much for following my comment and providing the replies.. let's hope for all of us to be lucky!

@deepak

till 56 shares
retail

I too bought 51

I believe AR won't be more than 40% in current scenario

Sorry, one more question.. Does it mean anyone holding more than 44 shares and upto 56, can apply for buyback qty more than 44 shares? Or is it limited to apply for buyback only with 44 shares though you hold 51 or 54?

>>>>Does it mean anyone holding more than 44 shares and upto 56, can apply for buyback qty more than 44 shares?

Yes,bec the rule is of less than or eq to 2 lacs worth of shares as on record date.

Ppl w/ 44 on record dt can tender 44 (or any number of shares less than 44 as well)
Ppl w/ 56 on record dt can tender 56 ( or any number less as well)

You can tender all your shares but you will be considered as a General Category Shareholder and your acceptance ratio will be calculated as competing with general category shareholder and if left out buyback shares in reserved category then your remaining shares will be accepted proportionately.

No Nagavenkata, he is tendering shares without n 2 lacs as on record dt, so he will still be in retail category

Thank you Vantage!
@Nagavenkata, the question is for retail category. If someone is considered as retail for 55 shares as on record date, I believe can pledge all 55 shares under retail as Vantage mentioned. Hope they wouldn't have different rules for considering someone retail vs pledging.. lots to learn 😊

Deepak, keep an eye on this thread - 188
recently the admin has posted that there is some error in calculation at 188.9