Why did my Buyback application fail on FYERS?
Typically, if you held shares of the company offering a buyback in your Demat account by the designated record date, your application should proceed without hitches.
However, if you encounter the 'Failed to Apply' error, there might be an underlying issue. We recommend getting in touch with our support team for further assistance and resolution.
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Is online application possible for share Buyback on FYERS?
Absolutely! On FYERS, you can seamlessly apply online for a share buyback, given you possess the relevant shares in your Demat account by the crucial record date. The entire online tendering procedure is streamlined for your convenience. For a ...
Why am I seeing the 'Not enough quantity' error during my Buyback share application on FYERS?
This particular error occurs when there's lack of shares in your Demat account of the company offering Buyback. The system verifies that you had the relevant shares in your Demat account on or before the record date for the Buyback. In simple terms, ...
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: Log in to 'My Account': Upon logging in, you'll find the 'Corporate Actions' option. For reference, see the mentioned image. Navigate to 'Buyback': In 'Corporate ...
Can I cancel my Buyback order on FYERS?
Yes, you can cancel a Buyback order on FYERS provided it has not been executed. It's important to note that the cancellation is only possible if the order's status is still 'Pending.' Steps for Cancelling a Buyback Order: Access Your Order Book: ...
What is Buyback of shares?
A buyback of shares is a corporate strategy where a company buys back its shares from its shareholders at a value typically higher than the ongoing market rate. Companies often resort to a buyback when they perceive their shares are undervalued and ...