Where can one get details of companies proposing to buyback their shares?
• Listed companies are required to intimate the stock exchange of general meetings and resolutions passed thereof. Hence, information on companies proposing to buyback shares may be obtained from the stock exchanges. • When buyback offer document or public announcement is filed with SEBI, SEBI issues a press release and the offer document is put on the SEBI Web site under primary market page under the head “buyback”. How does one tender ones shares for buyback, in the tender offer method? The company will send you a tender/offer form. You will have to fill up the form as per the instructions of the company and enclose the documents asked for, by the company. How does one participate in the buyback in case one does not receive the tender/offer form? You can make an application on plain paper stating your folio number, name, address, number of shares held, share certificate number, distinctive numbers, number of shares tendered, together with the original share certificate and tender the
