How Do I Apply For Buyback With Dhan?
Applying for a buyback at Dhan is a simple procedure that can be carried out using Dhan’s web portal. Here’s how you can participate in a share buyback offer using your Dhan account:
Applying For Buyback With Dhan
The following is the breakdown of how you can apply for buyback through the Dhan platform:
| Step | Action |
| 1 | Log in to web.dhan.co |
| 2 | Go to the ‘Money Section’ Tab |
| 3 | Find ‘Shares Buyback’ option |
| 4 | Select stock and enter the quantity |
| 5 | Confirm and proceed |
| 6 | Provide EDIS authorisation |
Steps to Apply for Buyback with Dhan
The following are detailed steps listed of how you can apply for buyback with Dhan:
Step 1: Open the browser on your device, visit ‘web dhan.co’, and log into your account. You can also carry out the login with the Dhan application.
Step 2: On the main dashboard of your account, go to the ‘Money Section’ tab.
Step 3: Find the option titled ‘Shares Buyback’ on the left-hand side of your screen.
Step 4: Choose a stock for which you wish to buy a buyback offer. Fill in the number of shares as per your requirement.
Step 5: Go through the terms and conditions carefully and tick the box to accept the terms of the buyback.
Step 6: Finalise your application and provide EDIS authorisation via CDSL to finish the buyback request.
Note: Any shares that have been pledged, including MTF shares, will not be subject to buyback transactions unless they are unpledged first. Refer to the NSE site for full offer details. Brokerage and government charges, as well as DP fees, might be levied on accepted shares in the buyback.
This is how the above-listed steps will help in participating in share buybacks easily via the Dhan platform.