Does FYERS charge any fee for submitting shares in a Buyback offer?

Does FYERS charge any fee for submitting shares in a Buyback offer?

FYERS does not charge any platform fee or participation fee when you submit eligible shares for a buyback offer. This helps shareholders tender their shares without paying an additional FYERS-imposed transaction fee for participating in the buyback.

However, DP charges apply when shares are debited from your Demat account as part of the buyback transaction.

Charges applicable for buyback participation

While buyback participation is free on FYERS, DP charges apply when shares are debited from your Demat account for the Buyback transaction.

The applicable DP charge is ₹12.50 + 18% GST. This charge is levied when shares are moved out of your Demat account.

So, while FYERS does not charge any platform fee or participation fee for submitting shares in a buyback offer, investors should account for the applicable DP charge.

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