Buy-back offer period may be shortened where all members agree under the amended share capital rules. The Companies (Share Capital and Debentures) Rules, 2014 are amended by inserting a proviso to rule 17 providing that where all members of a company agree, the offer for buy back may remain open for a period less than fifteen days; the amendment is effected under sub sections (1) and (2) of Section 469 of the Companies Act, 2013 and comes into force on publication in the Official Gazette.