Knowledge Base

You can apply for a tender offer buyback directly through the Samco Backoffice.

Steps to apply

1. Log in to your Samco Backoffice
2. Navigate to the buyback section and select the relevant offer
3. Enter the number of shares you wish to tender
4. Submit your bid between 10:00 AM and 2:00 PM on any working day during the offer window

Your bid will be pending until it is submitted to the exchange. Application status is confirmed after 3:30 PM on the same day.

A few things to keep in mind

• Your DEMAT account must have a clear balance of holdings to participate pledged or blocked shares cannot be tendered
• No new bids are accepted after 2:00 PM
• Cancellation or modification of your bid is not allowed on the last day of the buyback
• Once you submit, you’ll receive an acknowledgement receipt confirming your bid entry

After the buyback

If your shares are accepted fully or partially the payout is credited directly to your linked bank account by the company. Acceptance or rejection is entirely the company’s decision.