How to Apply for Buyback With Choice India?
An organisation repurchase is referred to as a buyback. In this way, it invests in itself by purchasing shares from investors who own it. There are various motives behind this process, including improving stock prices or returning money to shareholders. To apply for buyback you need to follow the below given steps:
Steps to Apply for Buyback with Choice India
| Steps | Description |
| 1 | Visit the website and log in |
| 2 | Check the Smart Investment Section |
| 3 | Click on Buyback |
| 4 | Tap on Apply |
| 5 | Enter Quantity |
| 6 | Click on Apply |
| 7 | Tap on the My Order tab |
How Do I Apply for Buyback Shares with Choice India?
To apply for buyback shares, follow the below-given steps:
Step 1: You need to visit the website and log in.
Step 2: Then you need to go to the Smart Investment Section.
Step 3: Click on Buyback.
Step 4: Next, you need to navigate to the Open tab and click on your desired buyback company.
Step 5: Then you need to enter the quantity of the shares you wish to sell.
Step 6: Click Apply to place an order.
Step 7: Then you need to tap on the My Orders tab to view the order status.
By following these you can apply for buyback shares easily.
Key Considerations for Buyback Applications
- A user who wishes to apply for a buyback must possess the shares as of the record date.
- Users should have provided their depository participants with a Power of Attorney (POA)/Document of Designation for a Depository Participant(DDPI).
- It is not possible to make changes or withdraw a submitted application.
Keeping these points in mind will help you make an accurate and informed decision.