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Off topic question, but asking here because I bought some TCS shares as MTF (using ICICI Direct) - are MTF shares eligible for buyback entitlement? I am guessing the record date will be late November, and the tender window will be in December. I intend to unpledge the shares in early December, before tendering them.

Intuitively, I think it should be, because the shares are mine, and they have just been pledged, but I could be wrong.

Request experienced members/those who have done this to share their experiences.

As far as my knowledge goes, you are eligible for entitlement. But obviously you will have to unpledge them before tendering..