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        SEBI

        Regulation 13 - Odd-lot Buy-back

        Securities and Exchange Board of India (Buy Back Of Securities) Regulations, 1998
        Chapter III
        BUY-BACK THROUGH TENDER OFFER

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        Odd lot buy back rules apply tender offer buy back provisions mutatis mutandis to odd lot shares and specified securities. Provisions governing buy-back through a tender offer apply to odd lot buy backs, with the Chapter's tender offer mechanisms and requirements operating mutatis mutandis in respect of odd lot shares or other specified securities, thereby extending the operative obligations, procedures and eligibility rules of tender offer buy backs to odd lot holdings.
                        Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                          Provisions expressly mentioned in the judgment/order text.

                              Odd lot buy back rules apply tender offer buy back provisions mutatis mutandis to odd lot shares and specified securities.

                              Provisions governing buy-back through a tender offer apply to odd lot buy backs, with the Chapter's tender offer mechanisms and requirements operating mutatis mutandis in respect of odd lot shares or other specified securities, thereby extending the operative obligations, procedures and eligibility rules of tender offer buy backs to odd lot holdings.


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