Once the buyback offer closes and your shares are accepted, the payout is credited directly to your linked bank account by the company. You don’t need to follow up or take any additional steps.
Typical timeline
Payment is usually processed within 7 to 10 working days after the buyback offer closes. The exact timeline depends on the company and its registrar.
What if only some of your shares are accepted?
If your shares are partially accepted, the accepted portion is paid out to your bank and the remaining tendered shares are returned to your DEMAT account also within a similar timeline.
How will you know the status?
Your application status is confirmed after 3:30 PM on each working day during the offer period. Once the offer closes and allotment is processed, the final acceptance status reflects accordingly.
Easy & quick
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