What is Buy Back ?

Offer by issuing company to existing shareholders to repurchase the company’s own shares or other securities convertible into shares.  This results in a reduction in the number of outstanding shares.

 

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    040 6164 5000 © 2007 – 2019 Basan Equity Broking Ltd. All rights reserved.

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    Corp. Off : 3-6-196/197, 2nd Floor, Prime Plaza, Himayatnagar, Hyderabad – 500029 | Regd. Off : 15-8-1/2/3, 2nd Floor, Siddiamber Bazar, Hyderabad. – 500012

    Corp. Off : 3-6-196/197, 2nd Floor, Prime Plaza, Himayatnagar, Hyderabad – 500029

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    Prevent unauthorised transactions in your account. Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day. Issued in the interest of investors. Dear Investor, if you are subscribing to an IPO, there is no need to issue a cheque. Please write the Bank account number and sign the IPO application form to authorize your bank to make payment in case of allotment. In case of non allotment the funds will remain in your bank account.
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    KYC is one time exercise while dealing in securities markets – once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.

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