Sinclairs Hotels Buyback April 2022

The Record Date for Sinclairs Hotels Buyback offer is 13th May 2022

Which means you should hold the Sinclairs Hotels share in your demat account by closing session of 13th May 2022. Share purchased on and before (13th May 2022) - 2 business days will be available in your demat account by 13th May 2022.

Steps to participate in Sinclairs Hotels buyback:

1. On Record date (13th May 2022) you must have share of Sinclairs Hotels in your demat account/physical form. Depositing of share in your DP account usually take T+2 days, so you need to plan your buying accordingly.
2. After that company announces buyback open and close window, so you need to tender your share in buyback process. You can do this online or contact your broker to tender your share in buyback, so he can place a request on your behalf.
3. Next step is with registrar - depend on buyback acceptance ratio, your shares will be sold in buyback process and fund will directly debited in your bank account. Any rejected share will be revert in your demat account which you can sell in open market or hold for long term gain.

Share holders who hold less than 2 lakh worth of shares are consider in Retail Category. All others will consider in General Category. Last trading price on record date will be used to calculate the eligibility criteria.

Buyback opening date for Sinclairs Hotels: Not Yet Announced

Buyback closing date for Sinclairs Hotels: Not Yet Announced

This is the window when you need to submit your application for proposal for share buyback. If you are submitting tender forms or submitting physical share certificates, it must reach to registrar by .

As this is a buyback tender offer, shares are accepted in proportionate basis. Proportionate acceptance / rejection will be returned back to the eligible shareholders directly by the Registrar on or before Not Yet Announced.

Buyback opening date for Sinclairs Hotels: Not Yet Announced

Buyback closing date for Sinclairs Hotels: Not Yet Announced

This is the window when you need to submit your application for proposal for share buyback. If you are submitting tender forms or submitting physical share certificates, it must reach to registrar by .