https://www.taxtmi.com/acts?id=33282 Open market buy-back through stock exchange follows the extinguishment framework applicable to tender offers, subject to specific timelines. The company must complete verification of acceptances within fifteen working days of payout and must extinguish and physically destroy the securities certificates bought back during a month in the presence of a Merchant Banker and the secretarial auditor on or before the fifteenth day of the succeeding month. en-us Thu, 20 Dec 2018 14:45:21 +0530 Tue, 07 Jul 2026 15:40:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=33282 Open market buy-back through stock exchange follows the extinguishment framework applicable to tender offers, subject to specific timelines. The company must complete verification of acceptances within fifteen working days of payout and must extinguish and physically destroy the securities certificates bought back during a month in the presence of a Merchant Banker and the secretarial auditor on or before the fifteenth day of the succeeding month. Act-Rules SEBI Thu, 20 Dec 2018 14:45:21 +0530 https://www.taxtmi.com/acts?id=33282