AIA Engineering buyback

AIA Engineering buyback amount of 5000 will be credited to the shareholder’s bank account on 30-Aug-2024 after the buyback completion. The amount is usually credited within 7 to 12 working days after the completion of the buyback process.

The buyback process of AIA Engineering will start on 26-Aug-2024. The tender period will remain open for 10-15 working days.

To participate in AIA Engineering’s buyback, log in to your trading account during the tender period of the buyback date of 26-Aug-2024 and record date of 20-Aug-2024. Navigate to the corporate actions section, select the number of shares 500 you wish to tender, and confirm your application before the closing date of 20-Aug-2024.

To apply for AIA Engineering's buyback shares, check the buyback offer details:

• Buyback date: 26-Aug-2024
• Buyback price: 5000
• Buyback amount credit date: 30-Aug-2024
• Buyback size: 500

Ensure you own shares before the record date of 20-Aug-2024. If you haven’t yet, open free demat account to participate. Access your trading platform during the tender period, and submit your application with the number of shares you wish to tender.

To sell AIA Engineering's shares in a buyback:

1. Verify your eligibility based on the record date of 20-Aug-2024
2. Calculate the number of shares you can tender
3. Log in to your Choice trading account
4. Navigate to the buyback section
5. Enter your tender details
6. Submit your application

Or you can contact your broker and ask them to assist you.

The tax impact of participating in the buyback amount of 5000 has been set at 20% with a 12% surcharge and applicable cess.