@raku The share was trading around 400 or below when they annouced the buyback, so if a person had 500 shares bought around announcement time or just before that his avg buy price would be less than 2,00,000 which falls in retail category. Company is buying 65 lakh shares ( 325 cr )
It seems very unfair for the investors who had shown faith in the company and invested more than 2 lakh.
In Retail category buyback ratio is 51 shares for 291 holding shares and for general it is 5 shares for every 208 shares
Subscribe To Our Free Newsletter |