How will the funds payout happen post Buyback ?
Funds payout for Buyback Issue will be directly credited by the Company's Registrar in the registered Bank Account of the Customer which is linked in the Demat Account and not through the Broker.
Related Articles
How to apply for Buyback ?
Kindly follow the below steps to tender your shares for Buyback: 1.) Login to your Trading Account using web link: https://www.mastertrust.co.in/trade-login 2.) Enter your mastertrust Client ID and Password. 3.) Once Login, go to My Reports ...
What is Share Buyback ?
Share Buyback is when companies buys back their own Shares from the existing shareholders at an attractive rate. A share buyback is done with the intention to reduce the shareholder’s stake and also to lower the outstanding shares in the company.
What is Buyback of shares through tender offer ?
In a tender offer, the company buys back its shares from the existing shareholders at a fixed price on a proportionate basis within a given time frame. The company issues a letter of offer and Tender Form to all the eligible shareholders on the ...
How will i get the benifit for corporate action in my account ?
If you were eligible share holder under Corporate Action or have applied under Corporate Action you will get the benefit as per defined below: -If the Shares were/are lying in demat account, you will receive shares/ dividend/ bonus/ interest directly ...
What are the most common types of corporate actions ?
Most common types of corporate actions are listed below: Bonus Issue Bonus shares are additional shares given to the shareholders without any extra cost based on their existing shares. When bonus shares are issued, the number of shares increases but ...