- Only shareholders who hold the shares as on the record date are eligible for the Buyback.
RELATED FACTS: - - Record date: - It is when the company checks its records to identify the eligible shareholders for a corporate action. Shareholders holding the shares in their demat accounts on the record date are eligible for corporate actions such as entitlement of rights shares, bonus shares, stock splits, dividends, etc.
- To know more see, what is Record date and Ex-date?
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