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TCS Buyback Detail
Buyback Record Date Feb 23, 2022
Buyback Open Date Mar 9, 2022
Buyback Closing Date Mar 23, 2022
Issue Size (Shares) 4.00 Crores
Issue Size (Amount) ₹18,000.00 Crores
Buyback Price ₹4500 per Share

TCS Buyback Date & Price FAQs

The TCS Buyback price is set at Rs 4500 Per Share. The TCS Buyback opens on Mar 9, 2022 and closes on Mar 23, 2022.

The Tender Form is a part of the Letter of Offer. It is sent via email to the eligible shareholders on their registered email ids with the depositories/the Company.

In case the email id is not registered, the Tender form/Letter of Offer is sent via registered post/speed post/courier to the eligible shareholders as on record date.

Alternatively, the Tender Form and Letter of Offer can also be accessed from the websites of the Company, the Registrar to the Buyback, the Stock Exchanges, or the Manager to the Buyback.

The Letter of Offer for TCS Buyback can be download here.

All the eligible Shareholders of the Company holding either Physical Shares or Demat Shares as on the Record Date can participate in the buyback offer through their Stock Broker.

The eligible shareholder holding the shares in Demat form needs to inform their broker the details of the Equity shares they wish to tender in the Buyback Offer. The shareholder needs to transfer the tendered shares to a Special account of the clearing corporation. The broker, in turn, would place an order on the stock exchange for the buyback.

The eligible shareholder holding the shares in physical form needs to approach their broker with original share certificates and supporting documents. Upon completion of document verification, the broker places an order on the stock exchange and submits the original share certificate and TRS to the registrar.

The tender form and TRS are optional in the case of Demat shares but mandatory in the case of physical shares.

Necessity of the Issue:

The Buyback aims to :
i) Return excess cash to the shareholders.
ii) Increase shareholder's value in the long term; and
iii) Improve Return on Equity.

The TCS Buyback offers an opportunity for the shareholders to exit their positions at a premium price. In case you stay invested you would have an increased percentage of shareholding in the company and improved earnings per share. Thus, one should understand the company fundamentals along with one’s need, goals, and risk appetite to decide if one wants to stay invested or participate in the buyback offer.


14 Comments

14. Jayant Navarange  
Who is eligible to participate in TCS Share buyback offer? Can an investor having 100 shares in dmat form participate?
13. k.a prasad  
I have 50 Shares of TCS in dmat account with SBI Capsec. How can I tender my shares for buy back. I did not find an option in the trading platform of the SBI Capsec.
12. Pratham Nagar  
What if i have only 1 Stock to apply for buyback??
12.2. Trader  
You cannot apply. Needs minimum 7 shares
12.3. krishi  
yes one share isn't accepted. i surrendered but no reply. very unfair in this zamana. small means sufferer.
11. S. Gupta  
I have TCS offer letter & my shares are in D-mat. What are the steps for tendering of shares against Buy-back offer.
10. AP  
Payin Details for TCS buyback NSE & BSE
9. Shailesh  
I have couple of Question -
- If I tender my TCS share - does it moved away from my demat account before buyback complete ? Consider scenario - I tender TCS share for buyback and somehow before buyback complete I got share at 4500 price in open market shall I sell it ?
- When will buyback will complete - before march? when Money will deposit into our bank account ? any tentative number of days.
8. Ravi  
Where to apply for it 🤔
7. nirmal  
Main kal bhi tcs ka share purchase karna hu tu buyback me tender kar sakta hu
7.1. Sagar S. Waingankar  
No. You should have TCS shares in your Demat account (one do have confirmation email or message from their depository i.e. from CDSL or NSDL) on ex-date i.e. date before record date.
6. Rahul jain  
I have 25 shares can I for for buyback
5. Chandrakant Shah  
I am holding 100 shres of TCS ,If i tender 44 shares ,I e below 2 lacs ,in buyback then will it be considered in retail qouta !
5.2. Altaf  
Even if the price of TCS crashes to 2001 (highly improbable, only for explaining) your investment still crosses 2L mark and you will be a HNI investor (not retail anymore). As a HNI investor and your quota for applying is 1.08%, same as promotors, FII, DII.
5.3. IPO.RESEARCH  
Retail Category: Total TCS share Holdings in ur Demat should be <2 lakhs worth of share on record date.
4. Goel  
Why 44 shares are taken as cut off for consideration under retail category, if my understanding is correct it is calculated at closing price on record date. At current price it can be 50+ shares. Can someone confirm please
4.1. IPO.RESEARCH  
You are right, 44 is just a safe number. A safe bet.
3. Nirav  
I saw on nse site that total shares with retailers having less than 2 lakh in value are around 13,30,00,000. And the buyback alloted for retailers is 60,00,000 shares. So considering the above information, acceptance ratio comes under 5%. Why is evryone saying that acceptance ratio for retailers would be between 30 to 70%?
3.1. Altaf  
Though 13.3 Cr shares are in the hands of retail investors, the assumption is most of them may not apply for buyback. As the left over from such retail investors will be spread over the remaining few, the buyback allotment for them will increase from 5% to 30-70% which is only an assumption.
2. Venkat  
Is the retail limit for TCS buyback based on pan or demat account wise? Can the same person apply through individual demat 44 shares and through joint demat account 44 shares?
1. Akarsh  
Please share tender form for applying TCS buyback.