FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Its all depend on acceptance ratio which usually announce with Letter of Offer. Lets assume if you have Sasken Technologies Ltd shares at ₹759 and buyback offer price is ₹850, you can get ₹91 per accepted share. If you hold 264 shares of Sasken Technologies Ltd and if proportionate acceptance is between 33% and 50%, in such case you are eligible to sell your 87 to 132 shares with the gain from buyback of ₹7917 to ₹12012.
The percentage of proportionate acceptance varies from company to company. This percentage can be also 100% which means that company buys all of your shares.
% Share Accepted | No of Shared Accepted | Gain from Buyback Offer |
---|---|---|
33% | 87 | ₹7917 |
50% | 132 | ₹12012 |
75% | 198 | ₹18018 |
100% | 264 | ₹24024 |
Zerodha Trade@20
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