A takeover occurs when one company (the acquirer) aims to gain control of another company (the target). The acquirer typically makes this happen through a tender offer, where they propose a fixed price to buy shares from the target company's shareholders. To learn how to apply for a takeover, see How to apply for buybacks, takeovers and delistings at Zerodha?
The charge for applying for a takeover is ₹20 + 18% GST per order. These charges are non-refundable regardless of whether the order is accepted, rejected, or failed. If multiple orders are placed, charges apply to each order. Statutory charges are also applicable. To learn more about charges, see
What are the various statutory charges like stamp duty and taxes etc.?
Shareholders are eligible for all corporate action benefits, including takeovers. If such shares are pledged, they must be unpledged before tendering them in a takeover offer. Pledged shares and T1 holdings are not considered for tendering through buybacks or takeovers.