Sir, Rumours turned true. The Board of Directors will consider a proposal for buyback of equity shares of the TCS Company, at its meeting to be held on January 12, 2022. All the best. Thank you.
One quick question, will it be better to be in general category for TCS buyback instead of retail category? I understand Acceptance ratio will be lesser for general category, which one do u suugest, is it < 2 Lakhs or have 1000 shares(~38 Lakhs) and be in general category?
Sir, If promoters are not/ insignificantly participating in the buyback, then general category is advantageous. Otherwise, Retail Category is more likely to be advantageous. Thank you.
IPO Smart ji, Any price more than Rs. 4250/- will be a welcoming one. I am also hopefully looking forward for the outcome of the board meeting on 12/01. Thank you n all the best.
As per the Senior Research Analyst of Zee Business the buyback price is likely to be not less than Rs.4400/-. Hopefully looking forward for the details of the buyback.