TCS BUYBACK 2022 | LATEST TCS NEWS | TCS BUY BACK RECORD DATE | TCS DIVIDEND & BUYBACK PRICE

India’s largest IT company Tata Consultancy Services has announced a repurchase of  equity shares for an aggregate amount of not more than Rs.18,000 crore with a pricing of Rs.4500 per share.

The proposal was approved by the board of Tata Consultancy Services Ltd. In the meeting held on 12^th January 2022. The 4 crore equity shares counts for 1.08 % of the total paid-up equity shares of the firm given at a price of Rs.4500 per share that means it is being given at a premium of 17% at Wednesday’s closing price of Rs.3857 on BSE.

Although people were expecting a much higher buyback of somewhere around Rs.25,000 crore considering they had Rs.50,000 of net cash. 

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TCS Share Buyback Offer Details

TCS Share Buy Back Plan | TCS Buyback Shares

TCS Buyback 2022

TCS Buyback & Dividend 2022

What Is Buyback

TCS Buyback Important Dates

In this section we have covered all important dates related to “TCS Buyback Date”. Dates are updated as they are announced. The most noted dates are TCS record date and TCS buyback open and close dates, which one should use to participate in buyback.

Tentative Record Date To Participate In TCS Buyback

TCS buyback record date is Feb 23, 2022.

TCS Share Holding Pattern as of Feb 2022

Stock Holding table gives a clear picture on retail investor holdings of TCS shares which helps investor to decide on participating in buyback offer. The less number of retail holdings means higher chance of acceptance in TCS buyback under retail category which is equal to higher profit.

The Shareholding Pattern page of Tata Consultancy Services Ltd. presents the Promoter’s holding, FII’s holding, DII’s Holding, and Share holding by general public etc.

Shareholding Pattern – Tata Consultancy Services Ltd.
Holder’s Name	No of Shares	% Share Holding
No. Of Shares	3752384706	100%
Promoters	2703542000	72.19%
Foreign Institutions	600369219	14.98%
N Banks Mutual Funds	106448823	2.84%
Central Govt	2504680	0.07%
Others	20932871	0.56%
General Public	130433389	4.86%
Financial Institutions	188153724	7.93%

How to Apply for TCS Buyback?

Now if you are wondering ‘How do I apply for a buyback?’ OR “How to Participate in buyback?” we’ve got you covered. When it comes to share-buyback schemes, the capital market regulator has compulsorily reserved a buyback portion of 15% for retail investors who possess in-hold shares in a company worth upto ₹2 lakhs.

This percentage is also taking into account the scrip’s market value as seen on the record date of the buyback offer. During the application process of share buyback, you will be given a tender form by the company.

This form is where you enter the number of shares of that company that you wish to tender. There is a ratio of acceptance attached to the tender form which signifies how likely the company is to accept your request for share buybacks. Different companies have different ratios for share buybacks.

Profit from the buyback on the bases of acceptance Ratio:

Buy 44 Shares at CMP of Rs.3857 ( 2,00,000/4500=44)

TCS Buyback Acceptance Ratio	33%	50%	75%	100%
Amount Invested in Buyback	1,71,422	1,71,422	1,71,422	1,71,422
No. of Shares buyback	15	22	33	44
Buyback Profit	9645	14146	21219	28292
Profit	5.6%	8.25%	12.37%	16.5%

Here is what you can expect in a typical tender form given by a company. There are normally three fields as follows:

1. The number of shares you hold from the said company as on the record date
2. The number of shares that fit the eligibility criteria for buybacks
3. The number of shares that one is applying for a buyback.

Apply TCS buyback from Zerodha & Upstox

Here is complete method from Zerodha You can apply for Buybacks on Console> Portfolio> Corporate action order window

• Hover your mouse on the stock and select ‘Options’ and click on ‘Place order’
• Enter the number of shares you want to tender and click on ‘Submit’
• Buyback/Takeover/Delisting orders are collected until 6:00 PM, one trading day prior to the offer end date. Ensure to hold sufficient quantities in your demat account before closure of the offer end date. (Do not sell the shares after placing the order). Only shareholders who hold the shares as on the record date will be eligible for the corporate action.

Apply TCS buyback from Upstox

Company Contact Information

Tata Consulting Services (TCS)

Share Register/Transfer Agent*
TSR Darashaw Limited (TSRDL)
Ph: +91-22-6656 8484
Fax: +91-22-6656 8494
Email: csg-unit@tsrdarashaw.com
Website: www.tsrdarashaw.com
Mailing Address: 6-10, Haji Moosa Patrawala Industrial Estate, 20, Dr E Moses Road, Mahalaxmi, Mumbai 400 001
Shareholder Grievance Redressal
Email: investor.relations@tcs.com
Mailing Address: Tata Consultancy Services Limited 9th Floor, Nirmal Building, Nariman Point, Mumbai 400 021, India
Ph: +91-22-6778 9595 +91-22-6778 9191 +91-22-6778 9179 Fax: +91-22-6630 3672
Investor Relations Kedar Shirali Head, Global Investor Relations
Email: kedar.shirali@tcs.com

Registrar Contact Information

Link Intime India Private Limited

C-101, 1st Floor, 247 Park,
Lal Bhadur Shastri Marg, Vikhroli (West),
Mumbai 400 083 Tel:+91 022 49186200
Contact Person: Mr. Sumeet Deshpande
E-mail: rites.buyback2020@linkintime.co.in

TCS Buyback 2022 FAQs: