https://www.taxtmi.com/acts?id=35117 A company may repurchase its shares or other specified securities from existing security-holders through a tender offer on a proportionate basis, with entitlements allocated among eligible holders accordingly. A statutory proviso requires a reserved allocation for small shareholders, determined by reference to either the number of securities the company proposes to buy back or the number of securities entitled as per shareholding, with the higher measure used to fix the reservation. en-us Wed, 16 Jan 2019 15:14:49 +0530 Thu, 17 Jan 2019 12:43:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=35117 A company may repurchase its shares or other specified securities from existing security-holders through a tender offer on a proportionate basis, with entitlements allocated among eligible holders accordingly. A statutory proviso requires a reserved allocation for small shareholders, determined by reference to either the number of securities the company proposes to buy back or the number of securities entitled as per shareholding, with the higher measure used to fix the reservation. Act-Rules SEBI Wed, 16 Jan 2019 15:14:49 +0530 https://www.taxtmi.com/acts?id=35117