How Do I Apply for Buyback with Motilal Oswal?

Applying for a share buyback with Motilal Oswal is an easy process that can be completed online. Let’s understand the procedure step-by-step: 

Steps to Apply for Buyback with Motilal Oswal

The following is the breakdown of how to apply buyback through Motilal Oswal:

How to Apply for Buyback with Motilal Oswal?

The following detailed breakdown of steps may help you with applying share buyback through Motilal Oswal:

Step 1: Log in to your Motilal Oswal trading account using your credentials.

Step 2: After this, search for the buyback event option on the account.

Step 3: After you find the buyback section, search and click on the company name whose shares you want to buy back. 

Step 4: Provide the necessary details, including the number of shares in the tender offer that you wish to sell and any other appropriate information. Remember to review your added information for accuracy.

Step 5: In the end, check all the information provided, and then you may send the application for a buyback. An order confirmation message will be sent to your phone indicating that you have placed the order successfully.

When you apply for a buyback, remember the following important considerations: 

• Only submit applications during the designated buyback period. 
• You have the flexibility to tender all or part of your eligible shares. 
• Order modifications are generally allowed, except in takeover situations. 
• To participate, ensure you hold the stock in your Depository Participant account on the record date. 

The above-listed steps may help you understand the process of buyback clearly. You may also be able to make your share tender decisions within the limits and periods that are set.