Knowledge Base

Yes, but how you do it depends on the type of buyback the company has announced.

Tender Offer Buyback

The company opens a specific window and invites shareholders to tender their shares at a fixed buyback price. You apply through Samco Backoffice, and if your shares are accepted, the payout is credited directly to your bank account.

Your entitlement is based on your shareholding as of the record date. You can tender up to your entitlement, tendering more doesn’t guarantee additional acceptance.

Open Market Buyback

Here the company buys shares from the open market through the exchange during a specified period. There is no separate application process; you simply sell your shares on the exchange as you normally would during the buyback window.

Is acceptance guaranteed?

No. In a tender offer, acceptance is entirely the company’s decision; your shares may be accepted fully, partially, or not at all. If only partially accepted, the remaining tendered shares are returned to your DEMAT.