Arex Industries buyback

The buyback process of Arex Industries will start on 12-Sep-2024. The tender period will remain open for 10-15 working days.

To participate in Arex Industries’s buyback, log in to your trading account during the tender period of the buyback date of 12-Sep-2024 and record date of 07-Sep-2024. Navigate to the corporate actions section, select the number of shares 7 you wish to tender, and confirm your application before the closing date of 07-Sep-2024.

To apply for Arex Industries's buyback shares, check the buyback offer details:

• Buyback date: 12-Sep-2024
• Buyback price: 195
• Buyback amount credit date: 19-Sep-2024
• Buyback size: 7

Ensure you own shares before the record date of 07-Sep-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 Arex Industries's shares in a buyback:

1. Verify your eligibility based on the record date of 07-Sep-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 195 has been set at 20% with a 12% surcharge and applicable cess.