What is the manner in which TCS decides the acceptances from each shareholder?

Zerodha (Flat Rs 20 Per Trade)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Acceptance will be decided basis the number of shares tendered in the buyback. The entire entitlement of the Eligible Shareholders would be accepted and if any additional shares are tendered by the Eligible Shareholders, the same would be accepted on a proportionate basis.

Topic: Tata Consultancy Services BuyBack

Comments

Add a public comment...

Find more questions on this topic

What is the TCS Buyback 2022 size?
What is the TCS Buyback Price?
What will be the impact of tax on TCS buyback?
What is the mode of TCS Buyback?
Is it compulsory to tender TCS shares through a broker?
Can I tender TCS shares under pledged for margin?
What portion of my holding can I tender to the company as part of the buyback?
How does one participate in the TCS buyback in case one does not receive the tender/offer form?
When will the TCS shareholder receive an intimation about acceptance of his/her shares?
Why is TCS doing a share buyback at an all-time high price?

Ask Your Question