1.1. KAMMA SIVA RAMA KRISHNA1|| Link|February 4, 2022 10:18:26 AM
Sir, Record Date is yet to be announced. So, you can purchase at any time up to three days (to be safe) before the Record Date to qualify for the buyback. Thank you n all the best.
why are people after record date , its the ex-date on which one shd have the tcs stocks in their account to be eligible. It takes t+2 days for settlement , so make sure you buy sthg like this as an EXAMPLE- 1 march shares would actually come to yr account and settle on 3rd march (EOD) so if the ex-date also falls on 03rd March , then also it would be considered for buyback.
@avinash: As informed in earlier messages on this current page, evoting will be there and ongoing. For most IT companies, evoting happens in buyback. IPOINPUT:You can purchase tcs shares upto 2 days before record date, to be eligible for buyback and record date is still not announced.
Record date will be announced on 15th feb after evoting results and record date will be probably around 21st to 25th feb any day.
Thanks @ lokes I am buying in all accounts regularly. Right now the average is a little below 3800. even at 50% AR the price of remaining shares would be 3100 only. I will hold remaining shares and buys big quantity if it goes to 2800. I know TCS will again do a buyback after two years and the price can be 5000 that time.