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Will single share strategy work

Got contract note from zerodha regarding buyback 1 share accepted

No as of now, but yes around few months ago.
I hold 1 share of each 4 companies for Buyback purpose. But none have been accepted.
So now I don't know why it was rejecting? usually, I won't happen like this at least 1 share must be accepted.

I believe there is an internal misuse is going on with many companies' buyback because recently Finance Act (2) 2024 has said Income from Buyback will be taxed as Dividend Income and will not be Exempt Income as like earlier.

So, I believe many promoters are converting their business profit with Buyback as Exempt Income until new amendment are start applicable from 1st Oct, 2024.

I'm doing research on this case.

Thanks
RK

Will single share strategy work here

But total number of shareholders is 33,123 as of June Quarter. Where you have found Total retail holders is 2182700

Share holder are 32000 something only I am mentioning that total shares which Retail shareholders have are huge.