What is a Buyback/Takeover/Delisting?

Buyback-It’s a corporate action in which a company buys back its shares from the existing shareholders, usually at a price higher than market price. You are eligible for a buyback if you hold stocks on the cut-off date in your account.

Takeover- It’s a corporate action where a company or group of companies offers to buy or acquire shares of another company in order to gain enough control in that company. You are eligible for a Takeover if you have shares between the Offer Start and Offer End Date.

Delisting- When a company chooses not to offer its shares to the public anymore for trading purposes. It wants to stay private. You are eligible for a Delisting if you have shares between the Offer Start and Offer End Date.

How to Apply For Buyback/Takeover/Delisting?

Step 1: Navigate to Invest > Buyback

Step 2: Click on any scrip in the Live section

Step 3: Enter the Number of quantity you want to place in bid

Step 4: Click on “Place Order” on Order Confirmation

Step 5: On Orders Tab, you will be able to see all your existing/past Orders