Buy back rules link you have posted is old . New rules , SEBI have tried to plug many loopholes. They can’t do delisting without informing their intention in advance to exchanges, that also has to be done reverse book build only.
They can do buy back but their holding if goes up more then 75 % then even extra single share also above limit has to offloaded in exchange within one year.
And that’s why I was confused about benefit of this buyback
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