Hi, Is there any retail quota for buyback? In case I want to buy share worth ₹4lacks, then will AR will be better if I buy ₹2lacks from 2 person account or will AR be same?
@Mr.Singh: ya retail quota is 15% and always acceptance ratio is more in retail quota so yes better to buy from 2 different person demat account with less than 2 lakh in each. you can get more info on buyback from here: https://www.chittorgarh.com/article/buyback-of-shares-meaning-procedure-and-taxation/517/ https://investorzone.in/everything-about-the-buyback-you-want-to-know/
Conversion of RE share to 25% of regular share price(535) can be possible only after paying 133 on or before 21st. Remaining 75% of(535) can be paid in future dates fixed by company. After 100% paying on prescribe intervals, then only RE will be convert to Regular Share.