Participating in the buyback process is straightforward if you hold stocks on the record date. Here's a step-by-step guide to assist you:
Early Pay-In Buyback (Exchange: NSE)
- Registration Process -
- Approval and TPIN - After approval, you'll receive a password and TPIN on your registered email. Change your TPIN from the Miscellaneous section.
- Early Pay-In Setup -
- Go to Transaction > Setup > Select National Stock Exchange of India Limited as the exchange.
- Choose Market Type as Tender Offer.
- Find and select the appropriate Settlement ID (121155).
- For CM ID, select M51912.
- For the target BO ID, it will autofill.
- Click on UCC Detail, select (EX-12, UCC-FA, Segment Code-01, CM ID-M51912, TM Code-14846), and then click Add ISIN. Choose the ISIN (INE**) in the new popup and add the quantity.
- Submit, and on the new page, select the transaction, commit, and enter TPIN.
- Raise Prism Ticket - After verification, raise a Prism ticket in the Others category. Provide details like client code, name, PAN number, and quantity.
Check the Exchange Circular for Settlement numbers or contact our Support Team. Circular Link: NSE Circular https://www.nseindia.com/resources/exchange-communication-circulars
Note - Unpledge any stocks before the early pay-in setup.
Early Pay-In Buyback (Exchange: BSE)
- Registration Process -
- Approval and TPIN - After approval, you'll receive a password and TPIN on your registered email. Change your TPIN from the Miscellaneous section.
- Early Pay-In Setup -
- Go to Transaction > Setup > Choose Bombay Stock Exchange of India Limited as the exchange.
- Select Market Type as Buy Back. Find and select the appropriate Settlement ID (111056).
- For CM ID, select 4043.
- For the target BO ID, it will autofill. Click on UCC Detail, select (EX-11, UCC-FA, Segment Code-01, CM ID-M51912, TM Code-4043), and then click Add ISIN. In the new popup, choose the company's ISIN (INE*) and add the quantity.
- Submit, and on the new page, select the transaction, commit, and enter TPIN.
- Raise Prism Ticket - Similar to NSE, after verification, raise a Prism ticket in the Others category. Provide client code, name, PAN number, and quantity.
Note - Unpledge any stocks before the early pay-in setup.