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    Tendering shares

    Posted By : abhishek mishra / Published on : 28-Mar-2023 05:59 AM / View : 69 / Comment : 1

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    Dear All,

    Is it compulsory to tender my shares in Buyback/Delisting/Takeover Open Offers?
    Read more on : shares tendering

    • No, it is not compulsory to tender your shares in a Buyback/Delisting/Takeover Open Offer. As a shareholder, you have the right to decide whether or not to participate in such offers.

      In a Buyback offer, the company offers to buy back a certain number of shares from the shareholders at a specified price. Similarly, in a Delisting or Takeover Open Offer, the acquirer offers to buy a certain number of shares from the shareholders at a specified price.

      If you decide to participate in any of these offers, you can tender your shares to the company or the acquirer at the specified price. However, if you do not wish to participate, you can choose to hold on to your shares.

      It is important to note that the decision to tender your shares or hold on to them should be based on your personal investment objectives and the potential risks and benefits of the offer. You should carefully consider the terms of the offer, including the offer price and any applicable fees or taxes.

      04-04-2023 / 09:27:38 AM
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