PQR Limited, a listed company, is intending to make buy-back of its equity shares. Referring to SEBI Buy-back Regulations, explain the following: How can an unregistered shareholder tender his shares for buy-back?

CS Executive · Securities Laws and Capital Markets · PYQS · June 2021
PQR Limited, a listed company, is intending to make buy-back of its equity shares. Referring to SEBI Buy-back Regulations, explain the following: How can an unregistered shareholder tender his shares for buy-back?

Answer & Explanation:

The unregistered shareholder may also tender his shares for buy-back by submitting the duly executed Transfer Deed for transfer of shares in his name, along with the offer form and other relevant documents as required for transfer, if any.

Topics: Buy-back of Securities

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