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TCS Buyback

https://www.bseindia.com/xml-data/corpfiling/AttachLive/A14B764C-FBBE-44C9-8F68-3300FB51A11C-073213.pdf
Date of Opening of the Buy Back Offer Period: Wednesday, March 9, 2022
Date of Closing of the Buy Back Offer Period: Wednesday, March 23, 2022
Last date and time for receipt of completed Tender Forms and other specified documents including physical share certificates (if and as applicable) by the Registrar: Wednesday, March 23, 2022
Last date of settlement of bids on the Stock Exchanges*: Friday, April 1, 2022
*This activity may happen on or before the last date mentioned herein above

TCS Buyback

ER is 13-14% last time it was 40%... AR would not more than 30%... again bitter experience in buyback, earlier star cement and this time TCS

TCS Buyback

Last time TCS was buying 33% more (5.33cr) shares and buyback price was less than 10% far from market price and so less interest to buy for buyback too

TCS Buyback

last time's ER was just double of this time, last time s AR was 100 pc , this time might not be 100pc but not too less as well

TCS Buyback

I am holding 44 shares of TCS in one demat and 30 shares in another account. My eligibility is shown 0 in both accounts. Why? What to do now.

TCS Buyback

As per me you were holding those shares on same PAN
So, counted under general category

TCS Buyback

nothing just sell when u need ca$h

TCS Buyback

Even I got only 7/51 shares....waste of time and disappointing jugaad.

TCS Buyback

My ER is 8/55.. hopefully AR will be more than 50% as size of buyback is huge rs18000 crore..

TCS Buyback

even i think AR ould be much much higher than ER

TCS Buyback

@lokes
I have only 1 share of TCS in demat before record date,but in e-mail ER showing is 0 only,but as far as I know,1 share should be accepted in BB 110%,
Thanks

TCS Buyback

Thats Acceptance ratio ( not to be confused with ER)

TCS Buyback

I have 10 shares of TCS on record date and TCS mail shows Entitlement of buyback as 1 share.
Please guide whether it is final entitlement? How it has been decided without surrender of shares by entitled shareholders?

TCS Buyback

This is ER only. AR will be finalized by month end

TCS Buyback

Strange I got the buyback letter of 6 out of 46 but no letter for my wife's account 🥺 Family par ek hi count ho raha kya ab ..

TCS Buyback

I got for family members...

TCS Buyback

@Coldburger, for me it went into spam folder as there were 2 emails(for me and my wife) with
same subject . Please check in spam.

TCS Buyback

TCS ne dhoti phad ke rumaal bana diya.
7 pe 1 ER ratio 15% only.🤣

TCS Buyback

What is the fate of shareholders holding single share on record date

TCS Buyback

Wife's account bought only 1 share but 0 buyback

TCS Buyback

@sdz
How I am lucky sir
I have 27 shares in one demat
44 in 2nd
8 in 3rd
3 in 4th
1 share each in 3 different accounts
.
I just wanted to know about these 3 accounts in which I was holding 1 share

TCS Buyback

@lokes @ksrk
I did not receive the email from registrar for tcs buyback. why?

TCS Buyback

Check the Spam or junk bucket

TCS Buyback

I am holding 2 share eligible for buyback or not

TCS Buyback

ER 14% on 0.60cr shares through retail buyback means about 4.3cr shares (1.16% of total shares) are held by retail shareholders on record date.
Now AR depends on how many out of these 4.3cr shares will be tendered by 23Mar. I think many investors will sell non-entitled shares in open market if share price doesn’t cross 3,700 by 23Mar, as there will be further downward pressure after tender period close.

TCS Buyback

If am holding 96 share i am eligible for buyback as i have recevied a tender form in dat its showing no of share for entitlement ZERO

TCS Buyback

As you fall in general category it is showing zero, there is different ER for general and retail.
In retail it is 1 share per 7. In general I am not sure. This doesn't mean you are eligible or not, you can tender but it is on luck now that even if one share will be accepted out of total.

TCS Buyback

Can anyone help me with this query
I am willing to participate in TCS buyback by tendering my shares... it's my first buyback participation....my shares are in Groww app....does anyone know how to tender the shares, I have got the mail regarding tendering from the registrar with Letter of offer and tender form...if anyone knows how to do please do reply... I'm having the shares in Groww app
Thanks in advance

TCS Buyback

Did you contact Groww's customer care?

TCS Buyback

Yes Rajkumar Bhai I have contacted the customer care long back, they said that tender form need to be filled with all the necessary particulars and signed then scanned and to be mailed to support@groww.in
I'm asking whether anyone have previous buyback participation experience with that broker

TCS Buyback

AR 14% gye bhais panne m

TCS Buyback

It's ER not AR. AR will be around 25-30%

TCS Buyback

Wait is over, Below is the TCS Buyback Details

Buyback Window Opens : 09 March

Buyback Window Closes : 23 March

Settlement / Amount Credit Date : 01 April

Retail Entitlement Ratio : 6 Shares against 45 Shares (13.33%)

Expected Retail Acceptance Ratio : 22 - 27%

TCS Buyback

How to Tender Shares in Groww app. May kindly advice.

TCS Buyback

It's a tedious process and needs to be clarified by groww
but you will need to send tender form (fillin manually) and scanning that copy to groww support

TCS Buyback

@ridz ok thanks

TCS Buyback

Buyback 9 to 23 March 1 out of 7 share

TCS Buyback

How did you know ratio is 14%.
I think it may come out after the Tender window is closed.

TCS Buyback

1 out of 7 is 14%. And it is entitlement.

TCS Buyback

Schedule of activities

1

Buyback opening date

Wednesday, March 9, 2022

2

Buyback closing date

Wednesday, March 23, 2022

3*

Last date and time for receipt of required documents by the Registrar to the Buyback

(Refer Point No. 20.9.2 on page 30 of Letter of Offer)

March 23, 2022 by 5.00 PM (IST)

TCS Buyback

Dear Experts and Friends
I have 20 qty of TCS in one of my account and 1 qty in each of other family members account.
In my account entitlement quantity is 2 our of 20 qty and in those account which have 1 qty Entitlement is Zero qty.

Many of friends saying that ER is 1/7 then why I got 1/20 ?
Will my 1 qty in a account get accepted or not?
Kindly guide on this.
Thank you!!