How to apply for Buyback?

Modified on Fri, 9 Jan at 12:34 PM

Follow the below-mentioned steps to apply for buy back:  

Click on Menu > Key Products > Buy Back 

Note: 

•    If the DDPI (Depository Participant Digital Interface) is activated, still you need to verify your holdings through the T-PIN process. 

•    Buybacks will be displayed on the listing page once they are active for participation, i.e., on the start date. 

•    Ensure that the shares are available in your demat account on the record date to be eligible for the buyback. 

•    Apply for the buyback between the issue open date and the issue close date. 

•     Once your buyback request is accepted by the company, the shares will not be available in your portfolio. 

•    If your buyback request is successful, you will receive an email from the concerned registrar. 

•     The shares will be debited from your demat account, and you can view the transaction on your DP transaction statement.

•     The settlement amount will be credited to your linked bank account by the registrar. 