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Hello buyback experts,

Wanted to confirm from experts that 2 lakh retail quota is calculated based on record data highest volume price right? and its not buyback price (4500 in tcs case)

I couldn't find the confirmed info in tcs forum page here, so wanted to confirm. but got the info from this page:-
Q. What is the eligibility condition for retail shareholder?
https://investorzone.in/everything-about-the-buyback-you-want-to-know/

If you are holding shares worth less than 2lakh on Record date, then you will be eligible for buyback. The highest volume closing price on NSE or BSE is taken as reference for calculating 2 Lakh condition.

That's correct. Highest volume closing price as on record date is considered as reference for calculating 2 Lakhs condition.

Thank you suneel ji for confirming.