Investors should carefully evaluate TCS's buyback terms and situations. Scrutinize the prices for shares and compare them to the prevailing market price. Consider the company's financial health, growth prospects, and lengthy-time period viability.
1.Buyback Opening Date Thursday August 31, 2023 2.Buyback Closing Date Wednesday September 6, 2023 3. Last date of receipt of completed Tender Form and other specified documents including physical certificates (if and as applicable) by the Registrar to the Buyback- Wednesday September 6, 2023 4. Last date of verification of Tender Forms by Registrar to the Buyback-Friday September 08, 2023 5. Last date of intimation to the Stock Exchanges regarding Acceptance/ non-acceptance of Equity Shares by the Registrar to the Buyback-Tuesday September 12, 2023 6. Last date of completion of settlement of bids by the Clearing Corporation on the Stock Exchanges-Wednesday September 13, 2023 7. Last date of dispatch of share certificate(s) by the Registrar to the Buyback / payment to Eligible Shareholders / return of unaccepted Demat Shares by the Stock Exchanges to Eligible Shareholders / Seller Broker -Wednesday September 13, 2023 8. Last date of extinguishment of the Equity Shares bought back-Monday September 25, 2023
My TCS shares are still available in my Groww account. When it will be blocked by the exchange? Or does it mean that broker has not placed the order on exchange?
The shares are Earmarked and shall be debited on 31st March as per Acceptance Ratio. On 29th March Acceptance Ratio shall be known as per bills of broker.