How to Apply for Buyback on FYERS

How do I apply for a Buyback on FYERS?

Applying for a Buyback on FYERS is a straightforward process. Here's how you can do it:
  1. Log in to 'My Account': Upon logging in, you'll find the 'Corporate Actions' option. For reference, see the mentioned image.

  1. Navigate to 'Buyback': In 'Corporate Actions', select the 'Buyback' option. This will redirect you to the Buyback Dashboard, which showcases ongoing Buyback.

  1. Choose the desired company: From the list, pick the company for which you wish to tender your shares for Buyback. As an example, let's consider you've chosen TCS.
  1. Apply: Once you select the company, click on 'Apply'. Following this, specify the number of shares you want to tender and then click on 'Submit'.
  1. Order Placement Confirmation: Post submission, you will receive a confirmation that your Buyback order has been successfully placed.

You can further check the details under 'Order Book'.

  1. Ensure that the necessary shares are already credited to your Demat account before the record date.
  2. After placing the order, it will remain in 'Pending' status until the corporate action is executed.

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