Zydus Lifesciences Buyback Feb 2024

The Record Date for Zydus Lifesciences Limited Buyback offer is 23rd Feb 2024

Which means you should hold the Zydus Lifesciences Limited share in your demat account by closing session of 23rd Feb 2024. Share purchased on and before (23rd Feb 2024) - 2 business days will be available in your demat account by 23rd Feb 2024.

Steps to participate in Zydus Lifesciences Limited buyback:

1. On Record date (23rd Feb 2024) you must have share of Zydus Lifesciences Limited in your demat account/physical form. Depositing of share in your DP account usually take T+2 days, so you need to plan your buying accordingly.
2. After that company announces buyback open and close window, so you need to tender your share in buyback process. You can do this online or contact your broker to tender your share in buyback, so he can place a request on your behalf.
3. Next step is with registrar - depend on buyback acceptance ratio, your shares will be sold in buyback process and fund will directly debited in your bank account. Any rejected share will be revert in your demat account which you can sell in open market or hold for long term gain.

Share holders who hold less than 2 lakh worth of shares are consider in Retail Category. All others will consider in General Category. Last trading price on record date will be used to calculate the eligibility criteria.

Buyback opening date for Zydus Lifesciences Limited: 29th Feb 2024

Buyback closing date for Zydus Lifesciences Limited: 6th Mar 2024

This is the window when you need to submit your application for proposal for share buyback. If you are submitting tender forms or submitting physical share certificates, it must reach to registrar by .

As this is a buyback tender offer, shares are accepted in proportionate basis. Proportionate acceptance / rejection will be returned back to the eligible shareholders directly by the Registrar on or before 13th Mar 2024.

Buyback opening date for Zydus Lifesciences Limited: 29th Feb 2024

Buyback closing date for Zydus Lifesciences Limited: 6th Mar 2024

This is the window when you need to submit your application for proposal for share buyback. If you are submitting tender forms or submitting physical share certificates, it must reach to registrar by .