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        SEBI

        Regulation 22C - Payment to holders of shares or other specified securities

        Securities and Exchange Board of India (Buy-back of Securities) Regulations, 2018
        Chapter IV
        BUY-BACK FROM THE OPEN MARKET

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        Payment timing for buy-back consideration to shareholders: complete within five working days after offer closure, per regulation Payment of consideration to holders of shares or other specified securities in a buy-back must be completed within five working days from the date of closure of the buy-back offer, establishing a mandatory short timeline for disbursal of buy-back consideration.
                        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.

                              Payment timing for buy-back consideration to shareholders: complete within five working days after offer closure, per regulation

                              Payment of consideration to holders of shares or other specified securities in a buy-back must be completed within five working days from the date of closure of the buy-back offer, establishing a mandatory short timeline for disbursal of buy-back consideration.


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