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BSC's Comments

3 Comments

3. BSC

| Link|October 27, 2021 1:04:59 PMReply

today 27th oct is record date...i held few shares till ex date 26 october. i sold all of them on record date(today). Am i eligible for buyback?

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3.1. KAMMA SIVA RAMA KRISHNA

| Link|October 27, 2021 9:37:04 PM

Sorry to say “No”. I hope that you have sold@ not below Rs.1100/- and gained reasonably good profit. Thank you.

3.2. Ou Ai

| Link|October 28, 2021 12:43:20 PM

Ex date being 26th , you sold on 27th. Shares will be debited to your Demat account on 28th. So you are eligible for buy back as you held on record date. Those who sold on 26th too are eligible as it is ex date. Their shares will be debited after record of shareholders is given by the exchange on 27th.

3.3. BSC

| Link|October 28, 2021 12:44:42 PM

Thanks dear @ kamma siva rama krishna ......sold at 1095 and satisfied with the marginal profits.

3.4. Unknwon

| Link|October 28, 2021 3:06:59 PM

@KSRK Ji...have you sold your Goldiam shares or holding?

3.5. KAMMA SIVA RAMA KRISHNA

| Link|October 28, 2021 3:10:11 PM

50% sold at the average price of Rs.1110/-

3.6. KAMMA SIVA RAMA KRISHNA

| Link|October 28, 2021 3:21:41 PM

Ou Ai ji,
Is it so? My one past experience is that the shares sold on record date were not considered holdings as on record date for the purpose of the buyback as seen from the offer letter wherein the No. of shares held on record date and the No. of shares entitled for the buyback were mentioned. Of course, I once again reiterate that I am not an expert in this regard. Thank you.

3.7. BSC

| Link|October 28, 2021 3:23:12 PM

@ Ou Ai Thats what i thought....i am still not sure...Hope you are right

3.8. Unknwon

| Link|October 28, 2021 4:19:33 PM

I think @Ou Ai is correct

3.9. bsc

| Link|November 16, 2021 1:11:38 PM

i got the mail of entitlement....So, the concept cleared...if you sell on record date...you remain entitled

3.10. KAMMA SIVA RAMA KRISHNA

| Link|November 16, 2021 1:45:03 PM

Having seen the upward trend in the share price on the Record Date, I have sold some shares to remain under the retail category thinking that they will be debited on that day itself ( In one case it was happened hence I thought in that way). But it is not so. The result is that I am not covered under retail category. You all know the consequences. Sometimes it happens. No problem. Thank you.

3.11. KAMMA SIVA RAMA KRISHNA

| Link|December 17, 2021 6:24:45 PM

AR is 13/200 due to non retail category. OK. No problem.

2. BSC

| Link|October 21, 2021 11:03:29 PMReply

what is ecpected acceptance ratio here? i sold 50% of my record date holdings already...if i tender balance 50% in buyback i hope they will be accepted...i am told Rsystems had amlost full acceptance

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2.2. lokes

| Link|October 22, 2021 12:52:55 AM

@BSC: expected acceptance ratio will be around 30% or less....since share price came down a lot during buyback time....and if you are tendering 50% shares then accordingly (proportionately) some extra shares will be accepted other than your entitlement ratio shares

2.3. BSC

| Link|October 22, 2021 10:37:02 AM

Thank you all for helping and commenting on my query

1. BSC

| Link|September 9, 2021 11:00:18 PMReply

Someone please explain ...If i held 20 shares on record date, i get entitled to render 1 share under buyback...Do i need to retain 19 shares or i can sell them anytime? Before 20 sept or after 1 october?

1.1. KAMMA SIVA RAMA KRISHNA

| Link|September 15, 2021 10:45:41 PM

Acceptance rate will be better than Entitlement rate. Please submit all the twenty shares for buyback. The unaccepted shares will be subsequently credited to your d mat account. Then sell them according to your choice of price. If you still want to render only one share, yes you can. You can sell the balance of 19 shares at anytime even before 20/9 or even after 01/10 according to your choice. All the best.