https://www.taxtmi.com/acts?id=35120 Regulation 9 sets procedural requirements for buyback offers: announce a record date for entitlement; dispatch the letter of offer and tender form to eligible security holders before opening; open the offer within prescribed timing and for a specified period; accept tenders based on record-date entitlement and divide buyback into reserved (small shareholders) and general categories. If total acceptances exceed the buyback size, acceptances are scaled down pro rata. The company must complete verification within a prescribed period after closure, with lodged securities deemed accepted unless rejected within that period, and settlement may be facilitated through the stock exchange mechanism. en-us Wed, 16 Jan 2019 15:31:54 +0530 Thu, 17 Jan 2019 12:44:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=35120 Regulation 9 sets procedural requirements for buyback offers: announce a record date for entitlement; dispatch the letter of offer and tender form to eligible security holders before opening; open the offer within prescribed timing and for a specified period; accept tenders based on record-date entitlement and divide buyback into reserved (small shareholders) and general categories. If total acceptances exceed the buyback size, acceptances are scaled down pro rata. The company must complete verification within a prescribed period after closure, with lodged securities deemed accepted unless rejected within that period, and settlement may be facilitated through the stock exchange mechanism. Act-Rules SEBI Wed, 16 Jan 2019 15:31:54 +0530 https://www.taxtmi.com/acts?id=35120