There is an ambiguity of information in this site. In Welspun buyback timetable last date to buy is written as 10 Feb to be eligible for buyback record date 13 Feb and again in FAQ , date for sale is written as 10 Feb for remain eligible for buyback. Please anyone can clarify how it can be.I have made loss in ORB buyback due to this date ambiguity as my share was not shown as held on on record date.
it is T+1, hence you have to buy on Feb 10th or before to be eligible for buyback. If you buy Feb 10th then you will have shares in your demat account on Feb 13th. Prior to Jan 26th, it was T+2, hence if you go with that that you have to buy on or before Feb 9th.
Welspun Enterprises Buyback Dates (Timeline) Board Meeting Intimation for Buyback Proposal 30 December 2022 Buyback Approval Date 30 December 2022 Public Announcement of Buyback 25 January 2023 Welspun Enterprises Buyback Record Date 13 February 2023 Buyback Opening Date 16 March 2023 Buyback Closing Date 31 March 2023 Cut-off Date to receive completed tender forms by Registrar 31 March 2023 Verification Date by the Registrar 10 April 2023 Return of unaccepted shares by Registrar 13 April 2023 Extinguishment of accepted shares 20 April 2023
Like REC, Gail will declare bonus.. those who are holding left over buyback shares will reap benefits from Gail bonus.. better to hold for sometime if not yet sold..
Amit ji, Once again, please accept my heartfelt gratitude for your update. May I request you to share your views on the Buybacks of QHT and CRL. Thank you very much in anticipation of your kind response.
KSRK sir, if you are having quick heal, care rating, I suggest to closely watch the stock movement. If it goes higher before record date, I suggest to book profit instead of waiting for buyback cycle.. if not, you can wait for buyback cycle, but now a days AR of buybacks very less because of high retail participation...
Amit ji, I will be ever grateful to you for your kind response to guide me. Now, I have withdrawn from the thinking of purchasing the shares of care rating. However, I am already holding 550 shares of Quick heal. I will definitely act as you suggested. Once again, thank you very much for your kind n valuable views.
I don't think there is any benefit issue with bonus shares because the price will be accordingly reduced. Only later on benefit when dividend is declared.
Anjay sir, if you observe REC price it already moved up by 14% after bonus announcement. Similarly I am expecting Gail to move up by at least by 10% before bonus ex-date to Rs160 level.
Amit ji, Can you please enlighten me regarding the pros and cons of the SIS BUYBACK? Somehow, I am rather upset with the Buybacks for the last six months. How is your experience in this regard? Please respond. Thank you.
I am sticking to 1 share buybacks from my multiple accounts.. all single shares are getting accepted.. it's a good profit considering 3 months time and there are many buybacks lined up.. otherwise AR is very less now a days..
Amit ji, Thank you very much for your kindness to help me with your valuable message. Please continue to help me with your kindness to express your views. All the best to you.
Amit ji, Thank you very much for sharing your views on the AR. Hopefully looking forward for the good AR as you mentioned. To be so frank, I have expected around 50%. Very kind of you,Sir. Please continue to help me by sharing your views on all the forthcoming Buybacks.
Amit ji, Please be kind to post your valuable views on knowing the details of the buyback. Your magnanimous guidance has always helped me n at present also hopefully looking forward for your continued help. Thank you.
Details as communicated are as follows: Maximum shares of the buyback: 22,36,000 Buyback price : Rs. 805/- Mode : Through the Tender Offer Happy investing to all. Thank you.
Amit ji, Is the size of the buyback in the retail category worth opting for? I do have this doubt. That’s why I have purchased a small quantity. Please enlighten me. Thank you.
KSRK sir, even though buyback size is small, there is a good arbitrage opportunity. Share is also doing reasonable well.. one can purchase in small quantity..
10.6. KAMMA SIVA RAMA KRISHNA1|| Link|February 8, 2022 9:37:57 AM
Amit ji, Thank you very much for your kind guidance. I shall be ever grateful to you for your kindness.