What is Buyback offers?

Zerodha
1

Hai,

Anybody can explain what is Buyback offers and what it work?

And how can we do in zerotha.

Thanks.

2

Here is an example of the process involved:

3

Zerodha has provisioned online buyback arrangements for Infosys and Wipro through back office. Whereas similar facility was not available for others like Mayur Uniquoters or Orbit Exports. When I referred it to Zerodha, they wanted me to scan and send the tender form from Mayur to support@zerodha. Though they charge Rs 20+GST for both, I dont understand why they cant extend online application for all companies and restrict with only few.

4

Hi,

Could someone please throw some light on how buyback price offer price is calculated? Thanks !