Yes, you can cancel a Buyback order on FYERS, provided the request has not been processed. Cancellation is allowed only if the Buyback request is still in Pending status and the Buyback window is open.
You can cancel the request either from the Buyback Order Book or directly from Holdings, depending on where you prefer to access it.
FYERS App
Steps to cancel a Buyback request
- Log in to the FYERS App.
Access the Cancel Buyback option using either of these paths:
- Go to Reports >Transactions> Corporate Actions > Buyback Order Book, locate the Buyback request, and tap Cancel Buyback.
- Go to Portfolio > Holdings, locate the stock for which the Buyback request has already been placed, tap the three-dot menu, and select Cancel Buyback.
- Review the Buyback details carefully.
- Tap Cancel Buyback to confirm the request.
FYERS Web
Steps to cancel a Buyback request
- Log in to FYERS Web.
Access the Cancel Buyback option using either of these paths:
- Go to Reports > Transactions> Corporate Actions > Buyback Order Book, locate the Buyback request, and click Cancel Buyback.
- Go to Portfolio > Holdings, hover over the stock for which the Buyback request has already been placed, click the three-dot menu, and select Cancel Buyback.
- Review the Buyback details carefully.
- Click Cancel Buyback to confirm the request.
Once the cancellation is submitted successfully, a confirmation message will be displayed, and your Buyback request will be cancelled accordingly.
What if...
| Scenario | Solution |
|---|
| What if the Cancel Buyback option is not visible? | The Buyback window may have closed, the request may not be in Pending status, or the Buyback request may already have been processed. |
| What if my Buyback request is already processed? | Once the request is processed, it cannot be cancelled. |
| What if I cancel the request successfully? | A confirmation message will be displayed, and the Buyback request will be cancelled accordingly. |
| What if I try to cancel after the Buyback window closes? | Cancellation will not be allowed once the Buyback window is closed. |
| What if I change my mind after cancelling? | You may place a fresh Buyback request only if the Buyback window is still open and you continue to meet the eligibility requirements.
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