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Flat ₹20/trade Intra-day/F&O
The number of shares accepted by a company for repurchase depends upon the buyback acceptance ratio. Tender offer buyback process is done on a proportionate basis.
If the buyback acceptance ratio is 20% means every 1 share out of 5 shares held by shareholders will be accepted for share repurchase. Tendered shares that are not acquired by company for buyback will be release back to shareholder’s demat account.
Zerodha Trade@20
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