AR is nearly 54.8% for retail reserved(less than 2lac) category. My 45 out of 82 shares got accepted. All shares will be debited, and un-accepted shares will be credited back to account. As i am an already invested long term investor in Ajanta pharma, i am again buying my accepted shares from market. I have bought in range of 1900-2200. Will buy more in coming days at current price in range 1750-1800. This way my total avg price will be near 2000. So its like i sold by 45 shares at 2550 and bought is at 2000. At the start, my holding was 102 share. My profit from BB is 45*550=2450. At the end i bought those 45 shares, so my final holding remains intact with 102 shares.
Thanks @Lokes. If AR is less tahan 50%, then it may not be profitable. Anyhow, let's see, stock is also below purchase price now. I haave 40 shares at average 2260/-
@Kishen : you are not eligible else you would have got email. You can once check your spam folder also. Debit might have happened from your account by 14th. For buybacks, never sell share until record date, its not like bonus/dividend where you can sell on ex date and still be eligible. @suneel: yesterday ajanta pharma moved a lot and i feel on monday also it will move up due to buyback opening news. it may come near or cross your buy price. And buyback will be profitable even if AR lesser than 50%, don't worry.