What are the types of Buy Back?

Tender offer: The corporation extends an invitation to shareholders to sell their shares at a specific price (offer price) in exchange for the company buying back their shares. The primary bank account of the shareholder receives the payment. Customers may apply for more shares than they are eligible for or entitled to. The acceptance of these extra shares for buyback, however, is contingent upon the acceptance ratio set by the business in the event that more shares are tendered than are entitled.

Open-market offer: By actively purchasing shares from exchange sellers, the corporation may repurchase its shares. The buyback offer specifies the duration of the buyback period, which may be many months. The trading account of the shareholder receives credit for the amount. By going to the SEBI website , one can verify the buyback period.